33 Alcester Road South, Kings Heath
A secure freehold retail investment in Kings Heath, Birmingham; let until 2031, with residential conversion potential.
33 Alcester Road South is a prominent freehold retail property on the busy A435 Kings Heath High Street, just 3 miles south of Birmingham city centre. The property is currently let to William Hill until 2031 at an annual rent of £24,000; providing a secure, covenant-backed income stream with clear reversionary and conversion potential at lease end.
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Address: 33 Alcester Road South, Kings Heath, Birmingham, B14 7JQ
Type: Freehold retail, ground and first floor
Tenant: William Hill
Lease expiry: 2031
Annual rent: £24,000
Location: A435 Kings Heath High Street, 3 miles south of Birmingham city centre; opposite Sainsbury's
Upside: First-floor residential conversion potential -
The property occupies a strong trading position opposite a large Sainsbury's supermarket, within the same parade as Boots, Ladbrokes and Swinton Insurance. The ground-floor retail unit benefits from prominent frontage and excellent footfall, while the first floor offers residential conversion potential with scope for independent access.
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This is a simple, clean asset: a well-let freehold retail unit with a solid national covenant, a reliable income stream and clear optionality at lease expiry. Asper manages assets like this with a focus on covenant monitoring, relationship maintenance and forward planning; ensuring we are positioned to act decisively when the lease event arrives.
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Currently let to William Hill until 2031. Available for investor enquiries.
