196-200 Robin Hood Ln

3,903 SF Retail Building Birmingham B28 0LG $1,384,310 ($355/SF) 6.55% Cap Rate

INVESTMENT HIGHLIGHTS

  • Prominent position
  • Core investment grade
  • Triple retail unit

EXECUTIVE SUMMARY

196-200 Robin Hood Lane, Hall Green is a 3,903 sqft triple ground floor unit surmounted by office accommodation and set back behind a paved forecourt fronting a side position to a busy roundabout within the suburb. The property is comprised of an open-plan retail store spanning three former units, built of brick construction and leading into the end of the terraced parade - with the roofing aspect comprised of pitch tiles.
The property is to be offered to the freehold investment market with the current tenants serving their 15-year lease.

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,903 SF
Building Class
B
Year Built
1960
Price
$1,384,310
Price Per SF
$355
Cap Rate
6.55%
NOI
$90,609
Tenancy
Single
Building Height
2 Stories
Building FAR
0.31
Lot Size
0.29 AC
Frontage
26 FT on Robin Hood Lane

AMENITIES

  • Bus Line

NEARBY MAJOR RETAILERS

Curves
Toby Carvery
ALDI
Waitrose & Partners
Tesco Superstore
Lloyds Bank
Heron Foods
The Co-operative Food
Londis
Natwest
  • Listing ID: 33767725

  • Date on Market: 11/6/2024

  • Last Updated:

  • Address: 196-200 Robin Hood Ln, Birmingham B28 0LG