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313 High St

8,692 SF 100% Leased Retail Building West Bromwich B70 8LP $1,118,160 ($129/SF) 7.15% Cap Rate

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Investment Highlights

Substantial Freehold 2-storey corner property
Separate first floor offices let to law firm
Offers based on £900,000, equating to a NIY of 7.15%

Ground floor let to Barclays Bank PLC
Fully let producing £68,000 per annum

Executive Summary

The property comprises a substantial ground floor banking hall with separate self-contained offices above. The first floor benefits from a separate ground floor entrance directly off the High Street. Offers in the region of £900,000 are sought for the Freehold interest, subject to the existing tenancies, equating to a net initial yield of 7.15%.

Brochure