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
- Freehold Investment Opportunity prominently fronting Stratford Road. (Rental: £65,000 p.a.)
- 19/02/2025
- Birmingham
Guide Price = £700,000 - £750,000
Freehold Investment Opportunity prominently fronting Stratford Road. (Rental: £65,000 p.a.)
Property for auction on 19th February at 13:00at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT
Lease Info Continued:
302 Stratford Road: Barber's Shop, along with First and Second Floors over 300 and 302, formerly offices and now converted to informal living/HMO accommodation on a recently granted full repairing and insuring lease for a term of 25 years with five year rent reviews at a rental of £30,000 per annum.
Note: The First and Second Floor Accommodation has been sublet with Landlords Approval.
Total Current Rental: £65,000 per annum.
Accommodation
Ground Floor:
300 Stratford Road (Caspian Pizza):
Front Reception, Dining Area and Kitchen: 76.69 sq m (825 sq ft), Preparation Room and Kitchen Area: 31.53 sq m (339 sq ft), Rear Dining Area One: 51.19 sq m (551 sq ft), with further Kitchen and Seating Area. Toilet Accommodation: 18.3 sq m (197 sq ft) with two toilets, wash room and side access hall, Rear Dining Area Two: 32.97 sq m (354 sq ft) with seating, Store Room: 10.12 sq m (108 sq ft), internal stairs to rear first floor.
Rear First Floor
Room One: 42.48 sq m (457 sq ft) with bar area, toilet with wc and wash basin plus eaves storage, Room Two: 9.93 sq m (106 sq ft), Room Three: 14.82 sq m (159 sq ft), Room Four: 18.33 sq m (197 sq ft), with Shower Room.
302 Stratford Road - Barbers Salon: 44.41 sq m (478 sq ft), Toilet, having wc and wash basin.
Rear of 300/302 Stratford Road (Koko Lounge): 159 sq m (1,713 sq ft), with Function Hall, Kitchen and Toilets.
Front First Floor - Over 300 and 302 Stratford Road: Private side entrance, stairs and landing, Room One: 3.82 x 2.48m, Room Two: 4.47 x 4.37m, Room Three: 5.32 x 2.85m, Room Four: 3.44 x 2.86m, Room Five: 4.33 x 4.34m, Kitchen: 3.61 x 3.55m with Dining Area, Shower Room with wash basin and wc, Toilet with wc and wash basin.
Second Floor (Not Inspected)
Two Rooms, Kitchen and Shower Room.
EPC Rating:
Legal Documents:
Available at
Viewings: Via Cottons -[use Contact Agent Button]
Completion
Completion will be three months following the date of the Auction/Exchange of Contracts.
Freehold Investment Opportunity prominently fronting Stratford Road. (Rental: £65,000 p.a.)
Property for auction on 19th February at 13:00at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT
Lease Info Continued:
302 Stratford Road: Barber's Shop, along with First and Second Floors over 300 and 302, formerly offices and now converted to informal living/HMO accommodation on a recently granted full repairing and insuring lease for a term of 25 years with five year rent reviews at a rental of £30,000 per annum.
Note: The First and Second Floor Accommodation has been sublet with Landlords Approval.
Total Current Rental: £65,000 per annum.
Accommodation
Ground Floor:
300 Stratford Road (Caspian Pizza):
Front Reception, Dining Area and Kitchen: 76.69 sq m (825 sq ft), Preparation Room and Kitchen Area: 31.53 sq m (339 sq ft), Rear Dining Area One: 51.19 sq m (551 sq ft), with further Kitchen and Seating Area. Toilet Accommodation: 18.3 sq m (197 sq ft) with two toilets, wash room and side access hall, Rear Dining Area Two: 32.97 sq m (354 sq ft) with seating, Store Room: 10.12 sq m (108 sq ft), internal stairs to rear first floor.
Rear First Floor
Room One: 42.48 sq m (457 sq ft) with bar area, toilet with wc and wash basin plus eaves storage, Room Two: 9.93 sq m (106 sq ft), Room Three: 14.82 sq m (159 sq ft), Room Four: 18.33 sq m (197 sq ft), with Shower Room.
302 Stratford Road - Barbers Salon: 44.41 sq m (478 sq ft), Toilet, having wc and wash basin.
Rear of 300/302 Stratford Road (Koko Lounge): 159 sq m (1,713 sq ft), with Function Hall, Kitchen and Toilets.
Front First Floor - Over 300 and 302 Stratford Road: Private side entrance, stairs and landing, Room One: 3.82 x 2.48m, Room Two: 4.47 x 4.37m, Room Three: 5.32 x 2.85m, Room Four: 3.44 x 2.86m, Room Five: 4.33 x 4.34m, Kitchen: 3.61 x 3.55m with Dining Area, Shower Room with wash basin and wc, Toilet with wc and wash basin.
Second Floor (Not Inspected)
Two Rooms, Kitchen and Shower Room.
EPC Rating:
Legal Documents:
Available at
Viewings: Via Cottons -[use Contact Agent Button]
Completion
Completion will be three months following the date of the Auction/Exchange of Contracts.
Property information from this agent
- Full Catalogue
- General Conditions
- Viewing Times
- Important Notices
- Common Auction Conditions
- Buyers Guide to Auction
About this agent
Cottons have been successfully selling property by Auction for well in excess of 50 years and are now established as one of the leading Auctioneers outside of London. Our Auctions are usually held at the Holte Suite, Aston Villa Football Club, Aston, Birmingham and typically comprise of an extensive range of residential and commercial property, land, and ground rent investments. Whilst our catalogue will normally comprise of property within the Midlands Region, we have a proven track record for selling lots further a field and extending across the UK. If you have a property to include in any of our forthcoming Auctions, or if you wish to receive a catalogue please contact us immediately.