Summary - 263, BEECHES ROAD B42 2QS
1 bed 1 bath Commercial Development
**Standout Features:**
- Price: £75,000
- Ground floor retail unit currently operating as a barbers
- Total annual income of £6,340 including ground rent
- Leasehold with 108 years remaining
- Established parade of retail units in Perry Beeches, Birmingham
- Good transport links and residential surroundings
**Potential Concerns:**
- Standard-sized shopfront with limited parking
- Average condition of residential accommodation above
- Business rates currently set at £5,600
This prime retail investment opportunity, located in the thriving suburb of Perry Beeches, Birmingham, is an ideal choice for investors seeking steady income. Priced at just £75,000, this ground floor barber shop offers a reliable lease to a trading business, ensuring an attractive net initial yield of 8.17% post-purchase costs.
With 108 years left on the lease and additional ground rent income from the residence above, this property presents both immediate rental potential and long-term investment security. The well-established parade offers excellent visibility and foot traffic, supported by a diverse local community and ample amenities including schools and healthcare services nearby. Given its appealing price point and solid income potential, this opportunity is expected to attract significant interest. Don't miss the chance to secure this valuable addition to your portfolio!
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