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87-87A High St 6,993 SF Retail Building Birmingham B17 9NR $887,566 ($126.92/SF) 10% Cap Rate
INVESTMENT HIGHLIGHTS
- Popular and affluent suburb of Birmingham
- Large pedestrianised area to front of unit and wider retail parade
- Let to Boots UK Ltd on a lease expiring February 2026
- Prime High Street pitch
- Main public car park directly to the rear of the unit
EXECUTIVE SUMMARY
High yielding retail investment located in Harborne, a popular and affluent suburb of Birmingham. We are instructed to seek offers in excess of £665,000 (Six Hundred & Sixty Five Thousand Pounds) subject to contract and exclusive of VAT.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
6,993 SF
Building Class
B
Year Built
1968
Price
$887,566
Price Per SF
$126.92
Cap Rate
10%
NOI
$88,757
Tenancy
Single
Building Height
2 Stories
Building FAR
1.57
Lot Size
0.10 AC
Frontage
41’ on High Street
AMENITIES
- Bus Line
- Security System
- Storage Space
- Air Conditioning
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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87-87A High St
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