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Kensington House, Suffolk Street, Birmingham, B1 1LN
not specified / Offices
Withdrawn - Last updated: 05 October 2020
- Prominent office building.- Floor area of 51,707sqft (4,803sqm).- Total passing income of £470,113 per annum.- Freehold.- Average weighted unexpired lease term of 4.4 years to expiry and 2.5 years to breaks.- Planning permission for 7.5m by 5.0m illuminated advertising hoarding secured.- Active management opportunities, including re-gears, lettings and refurbishments.- Offers in excess of £3,000,000 (Three Million Pounds) are sought for the freehold interest in the property. A purchase at this level reflects the following· NIY – 14.81%· RY – 18.24%· Capital value – £58.00 sqft
Location
Kensington House, Suffolk Street, Birmingham , B1 1LN, Warwickshire, West Midlands
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