Phil and Astonian have it right, Hagley road at Bearwood Road Junction. At that time this photo would have been taken from the traffic island there.
The Chemist's shop on the corner had been unchanged since before the war: I believe that when he retired, the shopfittings all went to the City museums department and the estate agent approached to sell the property bought it for themselves. Gibbs' was the newsagent, and for a couple of years I did a paper round that covered as well as a couple of roads behind Lightwoods Park, Lordswood Road as Far as Knightlow Road.
The hairdresser (Bernard's, I think the shop is still that now) was a bit further down, and between the two was the Sandonia restaurant, where I occasionally had their very economic lunch. The double fronted shop had vent-axia fans above both window bays, they were noisy and ran at slightly different speeds, giving the impression of dining in a twin-engined aeroplane!
Just by the hoarding which stuck out to the pavement was an insurance broker, then a ladies hat shop, cope's motorcycle shops, Cranmore Brothers' garage, the New Talbot pub (more frequently called "Dirty Bet's" apparently after a former landlady), then Barnsley Road.