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Bloomsbury Library, Nechells Parkway, Nechells, Birmingham, B7 4PT

Sold for for £100,000.
 

Guide Price £100,000 plus fees


Thursday 23rd October 2014

11.00am
Key Features
A Long Leasehold Former Library
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Sold for for £100,000.

property

Auctioneer's Note (Numbered)

Please note that no offers will be accepted prior or post to the Auction.
The property will be sold on the understanding that the 10% deposit must be paid by a Banker’s Draft made payable to CPBigwood Ltd. No other means of payment will be accepted and failure to do so will result in the property being re-offered for Sale.
In addition to the purchase price, the purchaser will be required to pay the Council’s professional fees of £1,000.
Any security shuttering and doors will be removed upon completion and the purchasers should make their own arrangements to secure the property at that time.

Planning

The property may be suitable for the continuance of its existing use or a number of alternative uses subject to obtaining the necessary planning consents. All initial enquiries can be made to Mike Stackhouse at Birmingham City Council on 0121 303 3677.

Property Description

An imposing late nineteenth century grade II listed library in need of some repair and improvement.

Property Type

Commercial Vacant Possession

Site Area

The building has a total floor area of 543 sq.m. (5,842 sq.ft.) or thereabouts. Including the small garden area to the side the total site area is approximately 890 sq.m. (1,064 sq.yds.) or thereabouts.

Tag Line

A Long Leasehold Former Library

Tenure

We understand that the property is Leasehold subject to a new 125 year Lease at a Peppercorn Ground Rent with an obligation to refurbish the property and bring back to use within a 2 year period and vacant possession will be given upon completion.

Viewings

See viewing schedule.

Tenure: