Property overview

Unit 3, Rowchester Court, Whittal Street, Birmingham, B4 0DZ

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Dec 2013

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.