No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Property

Chain-free
0121 721 2936
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Property
0 bed
0 bath

Property description & features

  • Tenure: Freehold
  • Mixed use investment
  • Underthehammer.com
  • Freehold
For sale by under the hammer online auction, Guide price £650,000. A freehold mixed-use investment consisting of six commercial units and two additional flats.

VIEWING DAYS & TIME:

Viewings By Appointment Only. 

The properties occupy a prominent position along Beeches Road, which is directly off the main A34 Walsall Road in the popular residential district of Great Barr. The immediate areas are predominantly residential.

The properties comprises a parade of six retail shops with two self-contained flats above. The properties occupy a substantial rectangular shaped site, deemed suitable for residential development (subject to obtaining the necessary planning consents).

Tenancy

158-168 Beeches Road, Birmingham, West Midlands, B42 2HN ​

158 Beeches Road - Let for a term expiring 31/8/2022 at a passing rent of £7,500 per annum. ​

160 Beeches Road – Let to Plumbing & Gas( Uk) Ltd for a term of 5 years from 3/8/18 at a passing rent of £6,300 per annum ​
 
162 Beeches Road – Let for a term of 10 years from 1/8/2016 at a passing rent of £7,200 per annum. 

164 Beeches Road – Let for a term of 10 years from 1/8/2016 at a passing rent of £6,000 per annum ​

166 Beeches Road – Let for a term of 10 years from 7/9/2016 at a a passing rent of £10,800 per annum .

168 Beeches Road - Let for a term of 3 years to 31/7/2019. The tenant is currently holding over at a passing rent of £6300 per annum. ​

Flat 166b - Let on an AST at a passing rent to £550 pcm. ​
Flat 168b - Let on an AST at a passing rent of £470 pcm.  ​

The current total combined annual rent is £56,340

Please be aware that all figures must be checked within the legal pack. BIDDING
For bidding please visit: underthehammer. com

*START PRICES & RESERVE PRICES

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.

VIEWING DETAILS

By arrangement with the partner agents or contact[use Contact Agent Button].

EPC

EPCs can be viewed in full on our website underthehammer. com on the sales details page or in the legal pack.

UNCONDITIONAL AUCTION DETAILS

Contracts are exchanged immediate at the end of the auction and a 10% deposit will be taken from the highest bidder. THIS DEPOSIT WILL CONTRIBUTE TOWARDS THE PURCHASE PRICE.

Completion will be 4 weeks. (28 days)

Every buyer must first create an account at underthehammer. com Remote bidding facilities are also available, contact the auction office for further details.

FULL TERMS & LEGAL DOCUMENTATION

Available at underthehammer. com
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Places of interest

    Royal

    Royal Estates - Bearwood

    464 Bearwood Road Bearwood, West Midlands B66 4HA

    0121 721 2936
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    Royal Estates are one of Birmingham's number one residential and commercial property specialists. From 2006 Royal Estates has earned a reputation as one of the most innovative and well known independent estate agents through Birmingham, Sandwell and its surrounding areas.  We know our business and the property market like no one else and every year we help thousands of clients and customers buy, sell, let, rent and manage their homes and investments. We appreciate the importance of developing long-term relationships with each of our clients. We understand that every area, every property and each individual client is different and that one size doesn't fit all, so while many agents focus purely on their sales processes, exceptional agencies like Royal Estates also focus on people and on delivering a truly excellent service to each and every one of its clients. That is why we employ some of the most experienced and most qualified agents in the industry and have our services regularly recognised.  We are not your typical estate agent and over the years we have demonstrated how we like to challenge tradition and improve the way the industry operates in response to consumer needs. We are known for our unique and comprehensive marketing, including our famous fleet of branded smart cars, dynamic café-style office, and our opulent property movies. Innovation is key to every area of our business and we are committed to delivering excellent service and exceeding our client's expectations.    Our team of diligent and trustworthy professionals has worked to create and maintain a business that strives to provide innovative real estate solutions to its clients at a local, national and international level.   Royal Estates of Birmingham provide a professional service for corporate and private landlords. Royal Estates has been successfully selling property for many years. Networking our offices and benefiting from being located on busy high street positions, we offer clients expert knowledge of the local area and additional selling services. Royal Estates is owned and run by two local brothers and landlords, who are dedicated to providing the very best property services with expertise including Sales, Lettings, Property Management, Commercial & Investment Properties.  If you are looking for a company to serve you with commitment, passion and energy; an agency that can combine local expertise with an international reach; and a knowledgeable, experienced team that you will enjoy working with and can trust, choose Royal Estates.
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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

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    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.
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