Sutton Coldfield Retail Investment Sale Completes
General | 12.12.2015
Burley Browne are pleased to advise of the successful completion of the freehold retail investment property in the heart of Sutton Coldfield.
The property being an inner terrace single storey shop is located on Rectory Road, Sutton Coldfield and enjoys a high level of passing traffic in a mixed residential and commercial locality. Being set behind a small forecourt providing car parking, together with vehicular access to the rear for loading/unloading.
The investment property is currently let on the basis of a 5 year FRI lease at a rental of £6,000 per annum exclusive.
Kate Ellis, Negotiator at Burley Browne, advised, "the demand for such property especially within the Sutton Coldfield area is high and this has subsequently been reinforced by the purchase price achieved".