Summary - 128, STRATFORD ROAD B90 3BB
1 bed 1 bath Commercial Development
### Standout Features:
- **Mixed-Use Property**: Ground floor retail space with two upper studio flats.
- **Current Rental Income**: Fully leased until December 2026 at £15,000 per annum, with a potential reversionary rental value of approximately £32,500 per annum.
- **Prime Location**: Positioned prominently on Stratford Road, in a vibrant commercial area of Shirley, Solihull, with easy access to the M42 and major amenities.
- **Parking and Accessibility**: Rear access with four dedicated car parking spaces, enhancing usability for both residential and retail tenants.
- **Room for Improvement**: The residential units have renovation potential, needing modernizing and installation of heating.
### Summary:
This expansive mixed-use property located on the bustling Stratford Road presents a lucrative investment opportunity with existing retail and residential components. The ground floor retail space currently operates as a barber shop, offering good foot traffic and visibility, while the upper-level studio flats, under refurbishment, can be converted to self-contained units, increasing rental income potential. The accommodation includes a contemporary open-plan kitchen and living area in the studios, although minor renovations are needed for optimal living conditions.
With a generous overall footprint and rear parking, this property is not only strategically located amidst popular retailers like Asda and Costa Coffee but also provides excellent transport links. Whether you're an investor seeking steady returns or a first-time buyer looking to capitalize on a property with significant rental potential, this diverse investment won’t be on the market for long. Seize this opportunity to revitalize the residential units and secure your foothold in a thriving community!
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