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326-330 Marsh Ln 1,202 SF Retail Building Birmingham B23 6HP $715,025 ($594.86/SF) 7.25% Cap Rate
Investment Highlights
- Surrounding areas are densely populated residential
- The property can be accessed to the rear – off street loading/ car parking
- Local authority car park, which provides circa, 30 spaces
Executive Summary
The subject premises forms park of an extremely popular terraced retail parade, fronting the main intersection of Marsh Hill, Reservoir Road, Slade Road, Streetly Road and Marsh Lane (considerable traffic flow).
The parade is extremely popular, due to the forecourt (free of charge), local authority car park, which provides circa, 30 spaces.
326 Marsh Lane:
(Ground Floor Commercial)
430 sq.ft
328/330 Marsh Lane:
(Ground Floor Commercial)
772 sq.ft
Flat to rent above:
328a Marsh Lane:
(First Floor Residential)
(2 bedded)
700 sq.ft
330a Marsh Lane:
(First Floor Residential)
(1 bedded)
710 sq.ft
Total Accommodation – 2,612 sq.ft
The parade is extremely popular, due to the forecourt (free of charge), local authority car park, which provides circa, 30 spaces.
326 Marsh Lane:
(Ground Floor Commercial)
430 sq.ft
328/330 Marsh Lane:
(Ground Floor Commercial)
772 sq.ft
Flat to rent above:
328a Marsh Lane:
(First Floor Residential)
(2 bedded)
700 sq.ft
330a Marsh Lane:
(First Floor Residential)
(1 bedded)
710 sq.ft
Total Accommodation – 2,612 sq.ft
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,202 SF
Building Class
C
Year Built
1960
Price
$715,025
Price Per SF
$594.86
Cap Rate
7.25%
NOI
$51,839
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.08 AC
Frontage
10’ on Marsh Lane
Amenities
- Energy Performance Rating - C
- Storage Space
1 1
Nearby Major Retailers
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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326-330 Marsh Ln
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