£1,100,000

Property for sale

  1. Property photo 1 of 1.

£1,100,000

Property for sale

Jacey Buildings, 40-48 Birmingham Road, Jacey Buildings, 40-48 Birmingham Road, Sutton Coldfield B72

Local area information

Property location

Nearby amenities

  • Holland House Infant School and Nursery 0.2 miles
  • Sutton Coldfield Grammar School for Girls 0.2 miles
  • Sutton Coldfield 0.5 miles
  • Wylde Green 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Investment

Reversionary edge of town centre mixed use investment in affluent Sutton Coldfield – For Sale – Freehold

Edge of town centre Freehold mixed-use parade

Affluent and growing catchment

Significant investment planned for Sutton Coldfield town centre

Prominent position fronting Birmingham Road

Mixed retail and residential use with communal gardens to the rear

Generating £88,025 pax with fixed uplift to £89,625 pax in September 2024

Combined erv £100,000 pax

10 residential units sold on long leases, and one which is let on an AST producing £9,000 per annum

Occupiers in the vicinity include Pizza by Goli, Burger & Sauce, Loungers, Pizza Hut Delivery and Indigo Sun

Guide price £1,100,000 which reflects a net initial yield of 7.58%, assuming costs of 5.5%

More information

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  1. Zoopla
  2. Commercial for sale
  3. West Midlands
  4. Sutton Coldfield
  5. Birmingham Road

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