Summary - 6-8, ALCESTER ROAD SOUTH B14 7PU
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime location on a bustling main road in Kings Heath, South Birmingham.
- Substantial floor area of 1,872 sq. ft. across ground and first floors.
- Currently operating as a café/restaurant, providing immediate rental income.
- Freehold property with a 5-year lease starting from April 2024 at a passing rent of £40,000 per annum, offering a net initial yield of 7.49%.
- Close proximity to major retailers (Boots, WH Smith, Argos) and convenient public transport links.
**Potential Considerations:**
- High crime rate in the local area may affect business sentiment.
- Mortgage availability may be a challenge due to the limited term remaining on the lease.
This impressive commercial property, located at 6-8 Alcester Road South, offers an excellent investment opportunity in a vibrant retail environment. With a generous 1,872 sq. ft. space, the property features an open plan layout and significant foot traffic thanks to its prominent main road positioning. The current lease guarantees a solid annual income of £40,000 until April 2029, making this a compelling option for investors looking for a stable return in a thriving suburban area.
Though the property's location offers immense business potential, it is important to be aware of the local crime rate and the potential hurdles in mortgage financing due to the current lease term. However, this freehold retail investment is not to be missed. Whether you’re a seasoned investor or seeking an entry point into the commercial property market, act quickly—opportunities like this in Kings Heath are rare to find and won’t last long!
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