Unit 3, Rowchester Court, Whittal Street, Birmingham, B4 0DZMake an enquiry
Franck-Steier Price Ltd (FSP) has acquired a modern central Birmingham office investment for a private client SIPP.
The three storey office is located close to the Birmingham Law Courts in the city centre and is let to a firm of barristers until December 2021. The building extends to 1,610 sqft with three allocated car spaces. The overall rent was £31,650 per annum.
The property was purchased for a price of £390,000 which reflected a net initial yield of 7.74%. The vendor was represented by Reid Rose Gregory.