Investment Sales
Located 3 miles south of Birmingham on the main high street in Kingsheath.
Price: Excess of £6.485m
Subject to contract
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- High street location.
- Located in busy Birmingham suburb of Kings Heath
- GIFA 75,004 sq ft (6967.9 sp m)
- 3 separate buildings on site of 4.9 acres
- 5 occupational units
- Overriding lease to Homebase Ltd for an unexpired term of in excess of 10 years
- Long leasehold tenure
- Net income of £516,150 per annum
- Offers in excess of £6.485m
- Net initial yield 7.5% (purchase costs of 5.7625%)
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