High Yielding Retail Investment Opportunity

The property comprises a high yielding retail investment opportunity occupying a prominent roadside pitch. Arranged as a triple fronted retail unit, the property is fully let to a private individual trading as Direct Home Furnishers and producing a combined £19,600 per annum. Units 809 & 815 are let on a 10 year lease expiring 28.09.2032 and paying £19,500 per annum with three yearly rent reviews, whilst unit 811 is let to the same tenant on a long leasehold basis with approximately 96 years unexpired and paying a ground rent of £100 per annum. The property benefits from a frontage to Warwick Road (A41), a principal arterial route connecting Tyseley to Central Birmingham. Tyseley station is immediately opposite the property.