Investment.

Kings Heath.

120-138 High Street, B14 7BW

Map View

Status.

Sold on 01/09/2018

Price.

£4,765,000

Location.

Kings Heath is a popular residential suburb of Birmingham located approximately 4 miles (6km) south of the city centre, 25 miles (40km) north of Worcester and 20 miles (32km) west of Coventry. The town lies within 5 miles (8km) from Junction 3 of the M42, which in turn links to the M40 (Junction 3A), the M5 (Junction 4A) and the M6 (Junction 7A).

Description.

The subject property comprises a purpose built retail development situated on an island site at the corner of High Street and Silver Street.The property is fully let to seven national retailers trading from well-configured retail units. The ground floors are fully fitted to the corporate style of the retailers and utilised as sales while the first floors are used as ancillary space with the exception of Specsavers who have customer consultancy rooms on the first floor.

Rent.

£445,860.00 per annum exclusive

Tenant(s).

Wilko, Bonmarche, Greggs, Specsavers, Burtons

Tenure.

Freehold

Yield.

8.75% NIY

Share.

All viewings are strictly by prior appointment.

David Freeman.

Partner | Investment

Patrick Over.

Associate Partner | Investment

Ed Smith.

Partner | Investment

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