Summary - SECOND FLOOR, 21-23, BIRMINGHAM ROAD B72 1QA
1 bed 1 bath Retail Property (high street)
### Standout Features:
- **Mixed-Use Investment**: Includes two ground-floor retail units and self-contained office spaces on the upper levels.
- **Strong Anchor Tenant**: Currently leased to Loungers Ltd., generating an annual income of £74,000.
- **Prominent Location**: Situated on Birmingham Road in Sutton Coldfield Town Centre, ensuring high visibility and foot traffic.
- **Large Property Size**: Total area of 10,503 sq. ft., providing ample space for diverse commercial opportunities.
- **Potential for Expansion**: Vacant office areas offer conversion opportunities for alternative uses, subject to planning permissions.
- **Price**: Marketed at £1,900,000.
### Summary:
Explore a rare investment opportunity in the heart of Sutton Coldfield with this expansive three-story mixed-use property. Featuring established retail tenants, including a bustling casual dining space and coffee shop, you'll benefit from a stable income of £74,000 per annum. The prime main road location not only enhances visibility but also guarantees a consistent footfall for potential tenants.
The upper floors provide valuable self-contained office space, ripe for conversion into alternative uses, making this property incredibly versatile. With a total footprint of over 10,500 sq. ft., there's significant room for additional development or expansion.
While the surrounding area does face challenges, such as high crime rates and socio-economic deprivation, the potential for growth and revitalization in this well-connected urban setting cannot be overlooked. Presenting an attractive proposition for both seasoned investors and those seeking future-proofing options, don’t miss out on this unique offering. Act quickly—properties of this caliber won't last long!
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