Stoney Lane, Birmingham, West Midlands

Property Type	Retail - General Retail
Tenure	Investment, For Sale Freehold
Price	£1,900,000.00
Location	Stoney Lane Yardley Birmingham West Midlands B25 8RE
Details	Yew Tree Retail Park extends to approximately 1.9 acres and provides five modern retail and commercial units including Yew Tree Public House, Co-Op Supermarket, Mint Cuisine Indian Restaurant, and KFC. There is onsite parking for 64 cars, good quality separate delivery access and loading bay, and the KFC has a drive-through facility. 75% of income is secured from KFC & Boots. The Public House and Supermarket have been sold on longleases, but contribute to the service charge costs of the site. Offers are invited based on £1.9m, subject to contract and exclusive of VAT, which reflects an initial yield of 6.62% assuming purchasers costs of 5.8%.