196-200 Robin Hood Lane
Birmingham, B28 0LGThe Space
196-200 Robin Hood Lane is a triple ground floor retail unit let to Tesco Express on a 15 year term from 2023
At a glance
| Property Type | Retail |
| Tenure | For Sale |
| Size | 3,903 sq ft |
| Price | £950,000 |
| Business Rates | Based on 2023 valuation |
| Service Charge | n/a |
| Energy Performance Rating | Upon enquiry |
Yardley Wood
6 mins
Hall Green
17 mins
Shirley
27 mins
Spring Road
27 mins
Chesham
1396 mins
Amersham
1428 mins
Chalfont and Latimer
1461 mins
Reading
1476 mins
Key Points
- £72,000 per annum
- 3,903sqft
- Strong covenant
- Triple retail unit
- Reviews on a 5 yearly basis
- Prominent position
- Core Investment Grade
Description
196-200 Robin Hood Lane, Hall Green is a 3,903 sqft triple ground floor unit surmounted by office accommodation and set back behind a paved forecourt fronting a side position to a busy roundabout within the suburb. The property is comprised of an open-plan retail store spanning three former units, built of brick construction and leading into the end of the terraced parade - with the roofing aspect comprised of pitch tiles.
The Location
Robin Hood Lane is approximately 6 miles (9.6 kilometers) southeast of Birmingham City Centre, making it accessible within a 20-25 minute drive, depending on traffic. For those traveling by motorway, the nearest major junction is Junction 4 of the M42, which is approximately 5.5 miles (8.9 kilometers) away, reachable in about 15 minutes. This strategic location offers convenience for both local residents and commuters passing through the area, while also benefiting from close proximity to Birmingham's larger road networks.
Viewings
Strictly by appointment with Shepherd Commercial
Terms
The property is to be offered to the freehold investment market with the current tenants serving their 15-year lease.
