21-23A Birmingham Rd
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21-23A Birmingham Rd
10,503 SF 100% Leased Office Building Sutton Coldfield B72 1QA £1,900,000 (£181/SF) 3.89% Net Initial Yield
Investment Highlights
- Prominent main road location
- Popular retail parade
- Mixed-use investment
Executive Summary
Offers in the region of £1,900,000. Current income £74,000 per annum exclusive.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
10,503 SF
Building Class
B
Year Built
1964
Price
£1,900,000
Price Per SF
£181
Net Initial Yield
3.89%
NOI
£74,000
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
3,501 SF
Building FAR
2.15
Land Acres
0.11 AC
Parking
10 Spaces (0.95 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Storage Space
- Common Parts WC Facilities
- Open-Plan
- Partitioned Offices
- Secure Storage
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21-23A Birmingham Rd
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