Alcester Road South, Birmingham

Summary
An exceptional opportunity to acquire a newly refurbished freehold retail investment situated in the heart of Kings Heath’s prime shopping area. This prominent mid-parade unit is fully let to Mind, one of the UK’s leading mental health charities, providing a secure and high-quality income stream of £22,500 per year rent.

Location
The property occupies a prime retail pitch on Alcester Road South, Kings Heath, near its junction with Vicarage Road. It is positioned close to a major high street names including a Sainsbury’s supermarket, Boots, Nationwide, Halifax, etc and benefits from proximity to the Institute Road car park.

Kings Heath is a popular Birmingham suburb located approximately 4 miles south of the City Centre. The location provides easy access to the M42 (Junction 3), linking to the M40, M5, and M6 motorway networks.


Tenancy

• Tenant: Mind (National Charity)

• New Lease: 5 years from February 2026

• Current Rent: £22,500 per annum

• Lease Type: Full Repairing and Insuring (FRI)

• Key Terms: Rent review and tenant break option at year 3


Tenant Profile
Mind is a prestigious national charity, offering a robust covenant for investors seeking long-term stability. This new 5-year commitment, following the property's full renovation, underscores the strength of this location for major charitable retailers.

Investment Yield
The current rent of £22,500 represents an investment yield of approximately 8% at the asking price of £285,000.

Property
This prominent retail unit extends to approximately 148 sq m arranged over ground and first floors. The property benefits from a high-visibility shop front and excellent levels of passing trade.

Accommodation:

• Ground Floor:
o Open plan retail space measuring 5.0m internal width by 12.6m.
o Storeroom – 3.93m by 3.03

• First Floor:
o Storeroom including Kitchenette Area – 13.7m by 5.0m
o Office – 1.7m by 1.7m
o WC

The building has just been subject to a full refurbishment (Feb–April 2026).

At the rear of the building there is a small courtyard with access to a staff car park.