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1130-1134 Warwick Rd 7,404 SF Retail Building Birmingham B27 6BL $1,367,428 ($184.69/SF) 8.05% Cap Rate
Investment Highlights
- Substantial unbroken retail parade
- Popular and busy Birmingham Suburb
- Neighbouring Occupiers Include Aldi, Tesco Express, Halifax and Morrisons
- Tenants include Greggs PLC and Boyle Sports (UK) Limited (4)
- Includes rear yard with parking
Executive Summary
The property comprises an unbroken retail parade of three modern retail units each with Retail accommodation on the ground floor and first floor ancillary accommodation.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
7,404 SF
Building Class
B
Year Built
1990
Price
$1,367,428
Price Per SF
$184.69
Cap Rate
8.05%
NOI
$110,078
Tenancy
Single
Building Height
2 Stories
Building FAR
0.74
Lot Size
0.23 AC
Parking
12 Spaces (1.62 Spaces per 1,000 SF Leased)
Frontage
61’ on Warwick Road
Amenities
- Signage
Nearby Major Retailers
1 of 9
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1130-1134 Warwick Rd
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