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February 2018

Units 1, 2 & 3, Century House, 100 Stratford Road, Shirley, Solihull, B90 3BH

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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 £1,1170,000 which reflects a net initial yield of 7.50%.

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