Summary - 576, BEARWOOD ROAD B66 4BW
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Retail investment opportunity on Bearwood Road
- Currently leased as a barber shop with a revenue of £11,000 p.a.
- Attractive Gross Initial Yield of 8.80%
- Long leasehold of 999 years remaining, ground rent at peppercorn
- Excellent foot traffic in a bustling urban area near major retailers
**Concerns:**
- High crime rate in the area
- Property condition unspecified; may require maintenance
Discover this promising retail investment in Smethwick, Birmingham, ideally situated on a vibrant high street. This mid-terrace ground floor shop, currently operating as a barber shop, boasts modern visibility with a full glass frontage and a spacious layout of 753 sq ft—perfect for a growing business or as a steady source of rental income. With a reliable annual revenue of £11,000 and an appealing Gross Initial Yield of 8.80%, this property is a savvy choice for investors seeking solid returns.
Surrounded by popular retail outlets like Aldi and Costa Coffee, this location benefits from strong foot traffic, ensuring your investment is well-positioned for future growth. The long lease of 999 years offers flexibility for possible renovations or extensions to maximize the space's potential. However, potential buyers should be aware of the area's high crime rate and evaluate any necessary maintenance or improvements. This property presents a unique opportunity, combining a solid financial yield with growth potential in a thriving urban setting—don’t miss out!
Commercial development for sale in 265 Beeches Road, Birmingham, West Midlands, B42 2QS, B42 — £75,000 • 1 bed • 1 bath
Commercial development for sale in 263 Beeches Road, Birmingham, West Midlands, B42 2QS, B42 — £65,000 • 1 bed • 1 bath • 590 ft²
Shop for sale in High Street, Stourbridge, DY8 — £292,500 • 1 bed • 1 bath
High street retail property for sale in 2 Branston Street, Jewellery Quarter, Birmingham, B18 6BP, B18 — £320,000 • 1 bed • 1 bath • 1070 ft²
Commercial property for sale in 6-8 Alcester Road South, Kings Heath, Birmingham, B14 7PU, B14 — £510,000 • 1 bed • 1 bath • 1873 ft²
Shop for sale in Halesowen Road, Cradley Heath, B64 — £185,000 • 1 bed • 1 bath • 731 ft²
