Units 1, 2 & 3, Century House, 100 Stratford Road, Shirley, Solihull, B90 3BH
Franck-Steier Price has recently completed the sale of a terrace of three well located retail units on Stratford Road, Shirley on behalf of Barberry Group.
The property is let to three occupiers with a WAULT of 6 years and a total rent per annum of £88,725 per annum. The upper floors have been converted into 26 apartments and have been retained by Barberry.
The property was acquired by a private investor for £1,170,000 which reflects a net initial yield of 7.50%.