Property

For Sale By Public Auction on 21 July 2021 starting at 08:30 AM - Please note that the Auction will be livestreamed via our website with Remote Bidding by Proxy, Telephone or Internet Only. You must pre-register to bid no later than 12 Noon on Tuesday 20th July.

A Fully Refurbished Office Premises with Stores and Excellent Secure Car Parking extending to approximately 7,400 sq.ft. (687.47 sq.m.) considered suitable for a variety of commercial uses including religious, community, hospitality or educational subject to obtaining any necessary planning permission



The property comprises a detached and very well presented modern office premises which has recently been refurbished to a very high standard throughout.
The property provides two large open-plan areas with full height glazed partitioned offices situated around the perimeter. The offices feature solid wood flooring, suspended ceilings with inset LED lighting, air conditioning, and numerous power and data outlets.
In addition the property also benefits from spacious and well appointed kitchen and canteen areas as well as tea points and WC's situated around the building. There is a stores and workshop area benefitting from loading access directly off the main car parking area.
Externally the property benefits from secure, gated and surfaced car parking for approximately 60 cars.

Tenure
We understand that the property is held Long Leasehold, for a term of 125 years with effect from the 17th July 1989, having approximately 93 years unexpired.
We understand that the Freeholder is Birmingham City Council and the current Ground Rent payable is £22,000 per annum.
The property will be available with vacant possession upon completion. Full details relating to tenure will be available for inspection within the legal pack.

Location
The property is prominently located on Church Road near its junction with Thimblemill Lane, just off the main A5127 Lichfield Road and being located approximately 2 miles north of Birmingham city centre.
The property benefits from excellent access to the national motorway network via junction 6 of the M6 motorway, which lies approximately 1 mile distant.

Accommodation
Total NIA (approx.): 7,400 sq.ft. (687.47 sq.m.)

We have not undertaken a measured survey of the premises and all interested parties should seek their own verification in respect of accommodation, floor areas and dimensions.

Value Added Tax
We understand that VAT will not be chargeable on this transaction.

Energy Performance Rating
D

Please note offers may be considered prior to the Auction Sale.

Viewing Times
Strictly by appointment with the Auctioneers.

Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information or on the Bond Wolfe’s website.

Remote Bidding Auction
Please note that the Auction will be livestreamed via our website with Remote Bidding by Proxy, Telephone or Internet Only. You must pre-register to bid for each auction within 24 hours of the auction commencing.

*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneer's expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £1,440 inc VAT (£1,200.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.

Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. The legal packs and further information about buying at auction are available on the Bond Wolfe’s website.