No longer on the market
This property is no longer on the market
MapRetail property (high street)
Auction
Retail property (high street)
Features and description
- Underthehammer.com
- Retail with 3 self contained flats to upper parts
- Freehold
For Sale by under the hammer online auction. Date: TBC. Guide Price £425,000. A freehold successful investment property.
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
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
About this agent
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.