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292 Kitts Green Rd

268 SF Retail Building Birmingham B33 9SB £265,000 (£989/SF) 4.30% Net Initial Yield

Investment Highlights

  • A Freehold Investment shop available for Sale on the main Kitts Green Road in a precinct of shops in a densely populated area of Kitts Green.
  • Rear vehicular access.
  • Property has recently been decorated throughout having the benefits Air conditioning system, suspended ceiling and LED lights.
  • Access to Store Room, W.C. and access to Rear.

Executive Summary

Current rental income: £11,400 PA
OFFERS AROUND: £265,000

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
268 SF
Building Class
B
Year Built
1960
Price
£265,000
Price Per SF
£989
Net Initial Yield
4.30%
NOI
£11,400
Tenancy
Single
Number of Floors
3
Building FAR
0.19
Land Acres
0.03 AC
Frontage
18 ft on Kitts Green Rd

Amenities

  • Bus Route
  • Security System
  • Roller Shutters
  • Storage Space
  • Listing ID: 31385947

  • Date on Market: 02/04/2024

  • Last Updated:

  • Address: 292 Kitts Green Rd, Birmingham B33 9SB

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