Jacey Buildings, 40-48 Birmingham Road, Sutton Coldfield, B72 1QQ

Property Information

• Edge of town centre Freehold mixed-use parade
• Affluent and growing catchment
• Significant investment planned for Sutton Coldfield town centre
• Prominent position fronting Birmingham Road
• Mixed retail and residential use with communal gardens to the rear
• Generating £88,025 pax with fixed uplift to £89,625 pax in September 2024
• Combined ERV £100,000 pax
• 10 residential units sold on long leases, and one which is let on an AST producing £9,000 per annum
• Occupiers in the vicinity include Pizza by Goli, Burger & Sauce, Loungers, Pizza Hut Delivery and Indigo Sun
• Guide price £1,100,000 which reflects a net initial yield of 7.58%, assuming costs of 5.5%

Reference No: 10809