Clay Lane, 285
Birmingham
285 Clay Lane, Birmingham, B26 1ER
£300,000
1660 sq. ft.
The subject premises provides ground floor retail (ancillary storage to the rear) and 2, separate, self contained 1 bedded apartments.
All areas have independent, gas fired central heating systems.
Well maintained throughout.
The retail accommodation is double fronted and includes a detached, ground floor storage facility to the rear.
Forecourt, off street car parking.
Key features
RETAIL/RESIDENTIAL
INVESTMENT OPPORTUNITY
1,660 sq.ft/154.22 sq.m
• Prominent position – intersection of Clay Lane & Woodcock Lane North.
• Forming part of a terrace of 6, retail/hot food outlets (fully occupied).
• Surrounding areas are densely populated residential (degree of new build).
• Forecourt, off-street car parking.
• The accommodation comprises ground floor retail (double fronted) and 2, separate, 1 bedded apartments.
• Total current income - £24,600 pax
Brochure
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** UNDER OFFER **
•Ground floor retail, including first floor residential.
•Extremely prominent corner position, situated at the intersection of College Road (A453 – main arterial route – considerable traffic flow) and Kingstanding Road (B4138 - main arterial route – considerable traffic flow).
•Long established tenant occupation (trading as Nisa).
•Surrounding areas are densely populated residential, including Perry Park/Birmingham Alexander Sports Stadium.
•Circa, 10 off street car parking spaces (forecourt).
•Well maintained.
•Yield – 8%