224-232 High St | Birmingham B23 6ST
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224-232 High St
Birmingham B23 6ST
Office Property For Sale
Executive Summary
The OPA are pleased to present this exciting opportunity to acquire three prime retail units (10,262 Sqft) fronting Erdington High Street and circa 37,116 Sqft of vacant office space.
The retail units are fully let and generating £97,500
The site further boasts a secured gated car park with approx. 40 parking spaces and loading bay.
The retail units are fully let and generating £97,500
The site further boasts a secured gated car park with approx. 40 parking spaces and loading bay.
PROPERTY FACTS Sale Pending
Sale Type
Investment or Owner User
Property Type
Office
Tenure
Freehold
Building Size
37,116 SF
Building Class
B
Year Built
1950
Price
£1,399,000
Price Per SF
£38
Net Initial Yield
14.82%
NOI
£207,300
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
9,279 SF
Building FAR
1.18
Lot Size
0.72 AC
Parking
30 Spaces (0.81 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
- Accent Lighting
- Storage Space
- Central Heating
- Common Parts WC Facilities
- Lift Access
- Open-Plan
- Air Conditioning
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