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261 - 263 High Street
Acquired

261 - 263 High Street

Harborne, Birmingham B17 9QG

  • Well located PFS investment in affluent Birmingham suburb

  • Purchase and subsequent regear with the Co-operative Group Food Limited

  • 20 year FRI lease at an initial rent of £175,000 per annum, rising to £190,000 per annum following completion of landlords works

  • 5 yearly rent reviews in line with CPI, capped and collared at 3%-1%

  • Large site of 0.656 acres

  • Underpinned by both the vacant possession value and future alternative use potential

Viewing and further information

Profile photograph of Alex Jones

Alex Jones

Trainee Surveyor

+44 (0)7516 001 666

aj@christopherdee.co.uk
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Profile photograph of Adam Wildig

Adam Wildig

Partner

+44 (0)7739 325 666

aw@christopherdee.co.uk
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