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76 Walsall Rd 1,620 SF 100% Leased Retail Building Sutton Coldfield B74 4QY $610,583 ($376.90/SF) 7.70% Cap Rate
Investment Highlights
- Freehold investment
- Established and popular local parade
- Full lease and tenancy information available on request
- CURRENT NET POTENTIAL INCOME - £34,670 per annum exclusive
- Affluent suburb of Sutton Coldfield
Executive Summary
The mutli let two storey end of terrace property comprises a ground floor retail unit let to True Desire Hair Salon; first floor offices currently being marketing to let with single storey premises to the rear let to Robert Stevens Barbers. Parking to the rear via the side driveway off Walsall Road together or the shared driveway off Four Oaks Common Road.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
1,620 SF
Building Class
B
Year Built
1991
Price
$610,583
Price Per SF
$376.90
Cap Rate
7.70%
NOI
$47,042
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Frontage
30’ on Walsall Rd
Amenities
- Signage
- Storage Space
1 1
Nearby Major Retailers
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76 Walsall Rd
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