**Standout Features:**
- Prime location at Park Central, a well-regarded residential development close to Birmingham City Centre.
- Spacious ground floor corner unit totaling 1,933 sq. ft. (179.64 sq. m), ideal for retail or convenience store use.
- Strong investment potential with a secure 15-year lease expiring in 2035, passing rent of £28,000 p.a. escalating to £36,000 p.a.
- Notable reversionary yield of 7.3%, making it appealing for investors seeking steady income.
- Convenient access to public transport; just a 10-minute walk to Five Ways railway station.
- Excellent foot traffic driven by the surrounding residential community and nearby amenities.
**Summary:**
Presenting an excellent opportunity for investors, this modern ground floor retail unit located at 79 Cregoe Street, Birmingham, offers 1,933 sq. ft. of versatile space in the heart of the vibrant Park Central development. The property is currently let under a secure 15-year lease, ensuring a consistent cash flow with attractive rental increments set to rise from £28,000 to £36,000 by 2030. With nearby amenities, robust transport links, and a continuously growing residential demographic, this property promises both immediate yield and long-term potential.
While the area's crime rate is above average, the extensive local amenities, including schools and outdoor recreational spaces, make it suitable for various business types. This investment opportunity is priced at offers in excess of £495,000—an offer you shouldn't delay on, as opportunities of this caliber in desirable locations are rare and highly sought after. Envision your future with a prime retail space that not only serves the community but also presents a lucrative investment.