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38 High St 1,265 SF Retail Condo Unit Offered at $663,340 CAD in Sutton Coldfield B72 1UP
Investment Highlights
- Situated in a prominent High Street position within Sutton Coldfield town center.
- Recently refurbished elements include a modern kitchen, new carpeting, and energy-efficient LED lighting.
- Eight upper-floor offices are vacant and offer potential additional income of around £21,000 per annum.
- Conveniently located near major motorway links (M5, M6, M6 Toll, M42) and local rail station for regional access.
Executive Summary
The property comprises a three-story Grade II listed mid-terrace building positioned on Sutton Coldfield High Street. It includes a ground floor shop let to Nam Tran (Sutton Nails) and upper floors configured as eight single-room offices. The premises are located in the commercial core of Sutton Coldfield within walking distance of local retail and transport facilities. Access to the Midlands motorway network, including M5, M6, M6 Toll, and M42, is available nearby.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Tenure | Freehold |
| Cap Rate | 3.60% |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.60% |
| Tenure | Freehold |
Description
Positioned prominently on High Street, the property enjoys strong connectivity with easy access to the wider Midlands motorway network, including M5, M6, M6 Toll, and M42. The location provides proximity to a thriving mix of retail, dining, and professional services, as well as being within walking distance of Sutton Coldfield railway station and the main shopping center. Estimated additional rental income from the upper floors is approximately £21,000 per annum, creating a compelling value proposition for investors looking to enhance returns or businesses seeking a central hub with income support from the retail tenancy.
Sale Notes
This freehold property offers a unique investment or owner-occupier opportunity in the heart of Sutton Coldfield town center. The three-story Grade II listed building includes a fully let ground floor retail unit generating an income of £12,600 per annum, alongside vacant first and second-floor office accommodation comprising eight separate suites. The offices have recently benefited from refurbishment, including new kitchen facilities, carpeting, and LED lighting, ready for immediate occupation or re-letting.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 38a | 1,265 SF | Retail | $663,340 CAD ($524.38 CAD/SF) | $23,880.22 CAD |
Unit 38a
| Unit Size |
| 1,265 SF |
| Condo Use |
| Retail |
| Price |
| $663,340 CAD ($524.38 CAD/SF) |
| NOI |
| $23,880.22 CAD |
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Unit 38a
| Unit Size | 1,265 SF |
| Condo Use | Retail |
| Price | $663,340 CAD ($524.38 CAD/SF) |
| NOI | $23,880.22 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.60% |
| Tenure | Freehold |
| Description | |
| Positioned prominently on High Street, the property enjoys strong connectivity with easy access to the wider Midlands motorway network, including M5, M6, M6 Toll, and M42. The location provides proximity to a thriving mix of retail, dining, and professional services, as well as being within walking distance of Sutton Coldfield railway station and the main shopping center. Estimated additional rental income from the upper floors is approximately £21,000 per annum, creating a compelling value proposition for investors looking to enhance returns or businesses seeking a central hub with income support from the retail tenancy.</li></ul> | |
| Sale Notes | |
| This freehold property offers a unique investment or owner-occupier opportunity in the heart of Sutton Coldfield town center. The three-story Grade II listed building includes a fully let ground floor retail unit generating an income of £12,600 per annum, alongside vacant first and second-floor office accommodation comprising eight separate suites. The offices have recently benefited from refurbishment, including new kitchen facilities, carpeting, and LED lighting, ready for immediate occupation or re-letting.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 2,261 SF | Typical Floor Size | 902 SF |
| Property Type | Office (Condo) | Year Built | 1710 |
| Building Class | C | Lot Size | 0.14 AC |
| Floors | 3 |
| Total Building Size | 2,261 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 902 SF |
| Year Built | 1710 |
| Lot Size | 0.14 AC |
Amenities
- 24 Hour Access
- Bus Line
- Food Service
- Security System
- Signage
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Street
Map
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38 High St
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