This property is no longer on the market
Retail property (high street)
Property description & features
- Tenure: Freehold
- Underthehammer.com
- Retail with 3 self contained flats to upper parts
- Freehold
Freehold Investment - Shop, Workshop & 3 Flats - Rental £37,800 P.A (with scope to increase) please be aware that the commercial downstairs parts are currently undergoing refurbishment by the new tenants on a new FRI lease.
A RARE opportunity to acquire a freehold Mixed use premises compromising of Three residential flats and a large double fronted shop.
Located in a prime position in Yardley, surrounded by blue chip companies and excellent links into and around Birmingham City Centre with constant public transport passing the premises Regularly.
The properties Ground floor benefits from a large shop front with double shutters, an office to the back of the shop, a frontal storage space, toilet and staff facilities, a large rear storage space and a loading/delivery area.
Ground Floor
Retail Showroom: 92.92 sq m (1,000 sq ft), Office: 6.89 sq m (74 sq ft), Store: 18.6 sq m (200 sq ft), Lobby, Staff Toilet, Workshop One: 83.01 sq m (893 sq ft), Workshop Two: 34.81 sq m (374 sq ft),
First Floor:
Front Flat - 365a
Lounge, Kitchen, Inner Hall, Bathroom, Double Bedroom. Currently in receipt of £550PCM.
Rear Flat 365b
Lounge, Hallway, Kitchen, Bathroom with panel bath having electric shower over, pedestal wash basin and wc, Double Bedroom. Currently in receipt of £550PCM.
Flat 367a
Lounge, Hallway, Kitchen, Bathroom with panel bath, pedestal wash basin and wc, Double Bedroom, benefitting from gas fired central heating. Currently in receipt of £550PCM.
Outside:
Shared right of access from Stockfield Road to an internal yard area.
CEPC: D
*FREE VALUATIONS*
For a free valuation on your property, worth £30, contact Royal Estates directly OR scan the QR code pictured above.
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.
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 3% deposit will be taken from the highest bidder. THIS DEPOSIT WILL CONTRIBUTE TOWARDS THE PURCHASE PRICE.
Completion will be 8 weeks. (56 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
Places of interest
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*DISCLAIMER
Property reference 2874. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Royal Estates - Bearwood.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 14, 2022
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
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 14, 2022
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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