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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This property is no longer on the market

Mixed use

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Mixed use
0 bed
0 bath

Property description & features

  • Tenure: Freehold
  • 2x Retail Shops
  • Residential Accommodation Above
  • Two investment shops & spacious 3 bedroom flat
  • Mixed Use FREEHOLD Investment Opportunity
  • £2225 PCM / £26,700 Rental Income
  • Huge 3 Bedroom, 2 Reception Room Flat To First Floor
  • 537 Green Lane: Let 01 Dec 2017 – 30 Nov 2027 £8,100 p.a / £675 pcm
  • 537 Green Lane Trading As Restaurant
  • Flat 537 539 Green Lane Let 13 April 2023 12 April 2025 £850 pcm / £10,2000
  • 539 Green Lane: Let 27 Oct 2017 – 30 Nov 2027 £8,400 p.a / £700 pcm

OPA are pleased to resent this exciting mixed use opportunity comprising of 2 x retail shops to ground floor and an unusually spacious 3 bedroom flat to the first floor.

The property is let and income producing, generating £26,700 p.a / £2,225 pcm.

ACCOMMODATION

537 Green Lane:

74 SqM / 796 Sqft

Leased to Moroccan restaurant 01 Dec 2017 – 30 Nov 2027

£8,100 p.a / £675 pcm

There is a pleasant outdoor seating area to the front of the property, serving counter, restaurant area, kitchen, rear seating area and WC.

Access to rear yard.

537 -539 Green Lane

98 SqM / 1054 SqFT

First floor flat let from 13 April 2023 - 12 April 2025

£850 pcm / £10,2000 (AST)

The flat is accessed from the front of 539 Green lane via stairs leading to; large entrance hallway, spacious dining room, lounge, generous storage cupboard, three bedrooms, bathroom and kitchen.

539 Green Lane:

79 SqM / 850 Sqft

Leased from 27 Oct 2017 – 30 Nov 2027

£8,400 p.a / £700 pcm

The unit has roller shutter entrance to front, shop area, wc and kitchenette.

Access to rear yard.

TENURE

The property is freehold and is sold subject to the existing leases

LOCATION

The property situated in highly sought after Green Lane location.

Council Tax Band: A

EPC

539 – EPC D

537 – EPC E

Flat - EPC E

VIEWINGS

Please contact The Online Property Agency for viewings.

MATERIAL INFORMATION

The OPA have taken reasonable precautions and exercised all reasonable due diligence by asking the Seller of the Property to provide us in writing a declaration of material information regarding a property to comply with the Consumer Protection from Unfair Trading Regulations 2008. However, certain information may be unavailable and/unknown. Any buyer must carry out their own due diligence and rely on their own searches investigations and enquiries in respect of all matters relating to their proposed purchase of this property, to enable them to make an informed transactional decision before proceeding to entering in to the exclusivity agreement on this property

BUYERS FEE

Buyer's Fee of 2% of The Purchase Price, subject to Minimum Fee £3999 (All fees inclusive of VAT). T&Cs apply.

Please request information pack, Buyer’s Guide & FAQs.

You will be required to enter into an “Exclusivity Agreement” with the Seller, granting you the Buyer the Exclusive right to purchase the property within the exclusivity period.

Please note the Buyer’s Fee is a non-refundable unconditional Exclusivity Fee in addition to the purchase price payable to the Agent upon offer acceptance.

The fee is not subject to a cooling off period and is non-refundable save in accordance with the terms stated in the exclusivity agreement

Upon offer acceptance you will not be required to exchange contracts, but will be granted an “exclusivity period” in order to exchange and complete on the transaction. This timescale will generally be 8 weeks, but will be specified in the Exclusivity agreement.

This is a flexible and buyer friendly method of purchase. By signing the Exclusivity Agreement and paying the Buyer’s Fee, this secures the transaction and takes the property off the market.

By paying your fee, that amount may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty land tax liability.

The OPA’s “Secure It Now Exclusivity Package” – this is a legally binding agreement between you are the seller. When the offer is accepted, the buyer pays the Exclusivity Fee to the Agent and enters into an “Exclusivity agreement with the Seller”, granting the buyer an exclusivity period, which is usually upto 8 weeks to complete on the purchase of the property. During the exclusivity period, the buyer has the exclusive right to purchase the property, no other offers can be accepted and during this period buyer must complete the sale transaction. If the buyer fails to complete in this period, the fee is non-refundable.

This property is being offered under The OPA’s “Secure It Now Exclusivity Package”

This is an innovative secure and straightforward way to purchase this property.

Here are the benefits for you:

• Secure your dream property straight away

• Similar to a “normal” or “conventional” sale with a few measures to protect the buyer and the seller

• No competitive bidding

• No risk of being gazumped

• Minimises risk of fall throughs

Secure It Now Exclusivity Package - How does it work?

You can now secure the purchase with a buyer’s “Secure It Now Exclusivity Agreement. By entering into the exclusivity agreement and paying the Exclusivity Fee, this buys :

• A legally binding contract granting the buyer exclusive rights to purchase the property within a given timeframe (usually 56 days / 8 weeks , however please confirm seller’s required timescale)

• Paying the Exclusivity Fee ensures that the seller takes their property off the market as soon as the sale is agreed and reserves it exclusively for you.

• This prevents the risk of gazumping

• helps you avoid losing money and wasting time which most buyers like you may face with the traditional estate agent's approach.

• You get a fixed exclusivity period (approximately 8 weeks) to complete, safe in the knowledge that you will not be gazumped or outbid by another buyer.

Step 1 - Register your interest

Step 2 - Sort out your finances / Carry out your due diligence/ Ask questions/ Get legal/ financial advice if required.

Step 3 - Arrange a viewing / Virtual Tour (If you require a viewing. If you do not require a viewing and offer without a viewing, you are doing so at your own risk)

Step 4 - Make an offer

Step 5 - Secure your purchase using our buy and Secure It Now Exclusivity package

Step 6 - Exchange and completion

Next Steps – Do Not Miss Out -

IMPORTANT NOTES

Buyers should carry out their own due diligence/ investigations and if required seek independent legal/ financial advice.

The Exclusivity fee is a non-refundable fee and unless otherwise stated and agreed in the special conditions of the Exclusivity Agreement, this is unconditional, not subject to survey or valuation , lending or anything else. The fee is not subject to a cooling off period and is non-refundable save in accordance with the terms stated in the exclusivity agreement

MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense. 5: All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; 6: No persons in the employment of The OPA has any authority to make or give any representation or warranty whatever in relation to this property. No services, fixtures, fittings or appliances, including central heating, have been tested by the Agent at the time of printing. All references to parts of the fabric, material, decoration, external or internal features or grounds of the property are made without any warranty as to their conditions or effectiveness. Where definite checks have been made, such results will be made clear at the appropriate place in the particulars of sale. Every effort has been made by the Agents to obtain accurate information from the correct sources. However, intending purchasers and other readers are asked to make their own arrangements regarding verification of any statements expressed in these particulars of sale.

Please be advised that this property may have been owned by the current seller for under six months, or the seller may have the exclusive right to sell the property. If you require any further clarification, please speak to a representative of The OPA.



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    With over 40 years combined experience in buying and selling, we have sought to differentiate ourselves from our competitors by providing a new, versatile approach and bespoke solutions for both buyers and sellers. Our team boasts a wealth of experience in residential and commercial sales, retail, land, auction and investment sales and we pride ourselves on our reputation for exceptional sales results. Our professionalism, enthusiasm, dedication and attention to detail ensure that our customers receive an outstanding service above and beyond what one might ordinarily expect. We are not a ‘high street’ agency and our negotiators are not restricted by postcode. Instead we are entrepreneurial and property focused. Whilst our core area extends from Birmingham and the Midlands, we also have a proven track record further afield. We have sought to develop solutions in line with market requirements, namely commitment, best price and speed. Our aim is to fuse the benefits of a traditional high street agency, the commitment of auction sales and the cost of online agencies.

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    *DISCLAIMER

    Property reference 27935046. 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 The Online Property Agency - Birmingham.

    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

    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

    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

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *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.