3 St Kenelm, Steel Park Road, Halesowen, B62 8HD
£235,000
Photo 20-11-2019, 21 29 03_20230913120931.jpg-3 St Kenelm, Steel Park Road, Halesowen, B62 8HD Photo 20-11-2019, 21 27 29_20230913120931.jpg-3 St Kenelm, Steel Park Road, Halesowen, B62 8HD Photo 20-11-2019, 21 25 07_20230913120931.jpg-3 St Kenelm, Steel Park Road, Halesowen, B62 8HD Photo 20-11-2019, 21 25 37_20230913120931.jpg-3 St Kenelm, Steel Park Road, Halesowen, B62 8HD Photo 20-11-2019, 21 25 22_20230913120931.jpg-3 St Kenelm, Steel Park Road, Halesowen, B62 8HD Photo 20-11-2019, 21 27 11_20230913120931.jpg-3 St Kenelm, Steel Park Road, Halesowen, B62 8HD Photo 20-11-2019, 21 26 46_20230913120931.jpg-3 St Kenelm, Steel Park Road, Halesowen, B62 8HD
Modern Freehold Office Investment

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Key Facts - Birmingham 1,000-2,500 For Sale Investment
Location
Birmingham
Description

St Kenelm Court comprises a contemporary office development of four self-contained offices arranged in an “l” shaped terrace.

 

The property comprises a modern two storey office building of which the ground floor was sold off on a 999-year lease.

 

The property has been built to a high standard and includes: solid floor construction with carpet floor covering, perimeter trunking with power and data points, suspended ceilings with inset LED lighting, double glazed windows, intercom access and intruder alarm. The property is heated via gas fired heating system with radiators throughout.

 

Externally the property benefits from landscaped surroundings and 6 allocated car parking spaces.

Lease Terms
Offers in excess of £235,000 are sought for the Freehold interest, subject to contract.

A purchase at this level reflects a Net Initial yield of 6.94% when considering purchase costs of 1.22% and a low capital value of £207 ft2.
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