138-150 Weoley Castle Road

Birmingham, B29 5QL
138-150 Weoley Castle Road
Birmingham, B29 5QL
  • A multi-let neighbourhood shopping parade with residential uppers on a large plot with car parking.
  • Prominently positioned on Weoley Castle Road, fronting Castle Square a popular residential suburb of Birmingham about 6 miles south west of the city centre.
  • Freehold, three storey building with five retail units to the ground floor together with seven upper floor maisonette style flats and a large car park to the rear.  
  • Fully let to 12 tenants and currently producing £178,411 per annum with 70% of the income secured to Heron Foods, Greggs Plc, Sportswift (Card Factory) and Acorns Children’s Hospice and 21% attributable to the residential tenancies on AST’s.  
  • Significant opportunity to add value through rental uplifts and medium term refurbishment, extension and development.  

Offers in excess of £1,950,000 (One Million Nine Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT reflecting a net initial yield of 8.61% assuming purchasers’ costs of 6.26%.


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