Shepherd Commercial place 1096 Coventry Road under offer
After 12 weeks of marketing Shepherd Commercial is pleased to announce that 1096 Coventry Road is now under offer stc.
The 960sqft retail unit along with the rear managers studio and upstairs one bedroom flat was previously on the market for £300,000 before a revised valuation by Shepherd Commercial. We offered 1096 Coventry Road for £275,000 and begun a re-marketing campaign to re-offer the property to the market. 12 weeks on from the full campaign running, we are delighted the property is now under offer.
1096 Coventry Road is comprised of a ground floor retail unit and upstairs one bedroom flat. The property benefits from A45 frontage and rear access with parking. Based on the busy parade of Hay Mills and directly opposite the Small Heath retail park, the Hay Mills parade is a popular row for plenty of retail units.
With freehold opportunities slowing down and landlords choosing to hold their freehold assets, 1096 Coventry Road was a rare offering on the parade and attracted a significant amount of attention when first brought to market. Multiple parties showed interest and plenty of offers was received as expected with retail freehold.
Moving forward, Shepherd Commercial is increasingly on the search for freehold opportunities to present to our network of clients as demand is extremely high at current for freehold property. Retail in particular both leasehold and freehold is showing great resurgence in the market and demand is high. Due to this demand we highly recommend joining our mailing list via our Homepage to see the properties when they first come to market.
For more information on our leasehold and freehold properties, or if you are deciding whether to market your property. Please email us at email@example.com or alternatively call us on 01564778890.
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