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113 Ladypool Road & 180-182 Ombersley Road, Sparkbrook, Birmingham, B12 8LJ

Sold for for £386,000.
 

Guide Price £125,000-£150,000 plus fees


Thursday 4th July 2013

11.00am
Key Features
A Vacant Freehold Commercial Development Opportunity with Planning Consent including Restaurant use
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Sold for for £386,000.

property

Location

The property is located at the corner of Ladypool Road and Ombersley Road within the popular densely developed suburb of Sparkbrook, lying approximately 1½ miles south of Birmingham City Centre. The area within the immediate vicinity comprises a mix of residential, together with retail and other commercial uses and is well known for a variety of restaurant and takeaway uses.

On behalf of

On Behalf of The Joint LPA Receivers

Planning (2nd Column)

The property has full Planning Consent (subject to conditions) "for change of use of ground rent to two restaurants (Use Class A3) and first floor to two offices (Use Class A2), Manager's flat in roof, significant changes to shop fronts and elevations and erection of two storey rear extension (Alterations to Planning Approval ref: 2010/04227/PA)". Planning Permission was secured on the 11th March 2013 and the reference 2013/00262/PA.
All copies of the Planning Permission and plans will be available for inspection within the legal pack and all interested parties are advised to undertake their own enquires as to the suitability of the site for their proposed future development and use.

Property Description

The property comprises two former Victorian terraced dwellings with adjacent retail unit of two storey brick construction, beneath a pitched tiled roof, with a single storey extension of brick and block construction beneath a flat. The property is presented as a development opportunity and has been subject to some adaptation and change of use.
The property offers a rare opportunity to acquire a development opportunity within this popular area and benefits from the Planning Permission to include two restaurants on the ground floor.

Property Type

Residential Vacant Possession

Tag Line

A Vacant Freehold Commercial Development Opportunity with Planning Consent including Restaurant use

Tenure

We understand that the property is Freehold and vacant possession will be given upon completion.

Value Added Tax

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

Viewings & Further Details

Strictly by arrangement with the Auctioneers.
For further details, contact Ian Tudor on 0121 237 4850.

Tenure: