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144 Highfield Rd 1,806 SF 100% Leased Retail Building Birmingham B28 0HU $667,343 ($369.51/SF)
INVESTMENT HIGHLIGHTS
- Prominent corner location adjacent to neighbourhood retail parade
- 5 miles south of Birmingham City Centre
- Located on the corner of Highfield Road
EXECUTIVE SUMMARY
The car showroom and offices are occupied on a Licence basis at a rental of £32,000 per annum on the equivalent of an Internal Repairing & Insuring The rear service workshop is also occupied on a Licence basis at a rental of £19,200 per annum on the equivalent of an Internal Repairing & Insuring.
The property has been established as a car sales showroom for a considerable number of years and more recently as a showroom for hot tubs and saunas and comprises the front half of a detached building of brick construction, having a two storage frontage to Highfield Road, with showroom to the ground floor and offices at first floor level together with rear service workshop.
The property has been established as a car sales showroom for a considerable number of years and more recently as a showroom for hot tubs and saunas and comprises the front half of a detached building of brick construction, having a two storage frontage to Highfield Road, with showroom to the ground floor and offices at first floor level together with rear service workshop.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Auto Dealership
Building Size
1,806 SF
Year Built
1950
Price
$667,343
Price Per SF
$369.51
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Parking
12 Spaces (5.29 Spaces per 1,000 SF Leased)
Frontage
33’ on Highfield Way
AMENITIES
- Bus Line
- Energy Performance Rating - D
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144 Highfield Rd
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