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28 Bird St

Shop for sale

£700,000 3,173 sq ft

Burley Browne
View the performance or update the listing in CoStar
Contacts

Ben Nicholson - Burley Browne

David Hemming - Burley Browne

Full address
28 Bird St, Lichfield WS13 6PR – Lichfield
Property type

Shop for sale

Asking price
£700,000
Available space range
There is 1 space available. This measures 3,173 sq ft.
Features
Bus Line, Accent Lighting
Brochure
Download the brochure

Sale details

Sale unit 3372301 Available

3,173 sq ft, £220.61 per sq ft

Unit Sale unit 3372301
Address 28 Bird St, Lichfield, Staffordshire, WS13 6PR, GB
Size 3,173 sq ft
Price £700,000
Price per unit £220.61 per sq ft
Unit Sale unit 3372301
Address 28 Bird St, Lichfield, Staffordshire, WS13 6PR, GB
Size 3,173 sq ft
Price £700,000
Price per unit £220.61 per sq ft
Sale type Investment
Tenure Freehold
Net income yield 7.07%
Financial type Actual
Financial year 2018
Net operating income £49,500

Sale notes

  • Ground floor and basement the property is let on the basis of a 20 year fri lease dated 30th july 2007 at a passing rent of £27,600 per annum exclusive.
  • The lease incorporates a rent review provision at every 5th year anniversary.
  • We understand a 6 month rent deposit is also held on behalf of the landlord.
  • First and second floors this accommodation has been converted to provide 3 residential apartments currently generating an annual rental income of £21,900 per annum.

Property description

The property comprises a four storey end of terrace building which provides ground floor and basement restaurant together with first and second floor converted residential apartments.

Building subtype
Restaurant
Number of storeys
3
Rentable building area
3,173 sq ft
Year built
1812
Utilities
Lighting

Attachments

PDF #1 Marketing brochure/flyer Download

This shop for sale is located in Lichfield.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Burley Browne. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Burley Browne for full details and further information.