Rudgeway House

• An opportunity to acquire a high yielding block of ground floor retail units with residential and office upper floors. 
• Located in Castle Bromwich, Birmingham. situated on a main arterial road with double frontage and parking.
• Nearby tenants include Aldi, Morrisons and Farmfoods.  
• Reversionary opportunity through active asset management to improve rental tone through upcoming lease events. 
• Freehold. 
• Vendor has spent significant capex over recent years, including refurbishment of residential flats and undertaken cladding improvement works.
• Property not elected for VAT.

Offers in excess of £1,230,000 (One Million Two Hundred and Thirty Thousand Pounds) subject to contract, reflecting a Net Initial Yield of 10.07% after purchases costs of 5.95%.