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1000-1024 Stratford Road, Hall Green, Birmingham, B28 8BJ

Unsold, please refer to Auctioneer.
 

Guide Price £950,000-£1,050,000 plus fees


Thursday 2nd July 2015

11.00am
Key Features
A Freehold Mixed Use Investment Opportunity Including, Flats/Bedsits, Lock-up Shops and Workshops and Land to the rear <1mm/> Current Gross Income: £82,080 <1mm/> Estimate Full Rental Value: £108,180
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Unsold, please refer to Auctioneer.

Commercial Property

Is Preliminary Lot

False

Location

The property occupies a prominent position fronting the eastern side of the Stratford Road (A34), about a mile to the north of the main retail area of Hall Green with the adjoining uses being predominantly residential in nature. Stratford Road is a main arterial route into and out of Birmingham City Centre which is about 4 miles to the northwest.

Plans

Any plans provided with these particulars are for identification purposes only and their accuracy is not guaranteed.

Property Description

The property comprises a row of two storey brick properties, set back from the road behind forecourt parking, together with various workshop buildings and a former detached bungalow currently configured to provide two dwellings. There is land to the rear of the parade which may be suitable for development, subject to obtaining the necessary planning consents. The property in total is believed to occupy a site of the order of 0.67 acres (0.27 hectares) or thereabouts.

Tag Line

A Freehold Mixed Use Investment Opportunity Including, Flats/Bedsits, Lock-up Shops and Workshops and Land to the rear

Current Gross Income: £82,080

Estimate Full Rental Value: £108,180

Tenure

We understand that the property is Freehold and is to be sold subject to various occupational tenancies and arrangements highlighted in the schedule below. The schedule is the position at the time the catalogue was prepared but for full details and copies of the Leases and Agreements please refer to the legal pack.

Value Added Tax

Please refer to the legal pack for details.

Viewings

By courtesy of the Tenants in occupation.

Tenure: