£425,000

Retail premises for sale

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Auction
Freehold

Guide price

£425,000

Retail premises for sale

Stockfield Road, Birmingham, West Midlands B258Jp B25

1 bath

Local area information

Property location

Nearby amenities

  • Cedars Academy 0.3 miles
  • Kimichi School 0.4 miles
  • Acocks Green 0.6 miles
  • Tyseley 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • 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

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Royal Estates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Royal Estates for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Midlands
  4. Birmingham
  5. Yardley
  6. Stockfield Road

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