113-117 Barr Street, Birmingham, West Midlands, B19 3DE

10 letting rooms in a mid terraced property in Birmingham

Property details

Type Leisure / Mixed Use
Tenure Freehold - Subject to the existing tenancy.
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  • A fully let Freehold residential investment opportunity
  • The passing rent is £35,000 per annum
The property is situated mid way along Barr Street in Hockley, on the outskirts of the Jewellery Quarter. Barr Street links Hockley Street and Well Street , both of which are accessed directly off the B4100 Great Hampton Street.

The property comprises a mid terraced four story property affording accommodation of approximately 6,300 square feet with storage to the fourth floor. There are ten letting rooms with communal facilities which are all let on one lease agreement to Vanguard Direct (Bham) Ltd who manage the property themselves.

Guide Price - £295,000+ Plus fees
The property is let in its entirety to Vanguard Direct (Bham) Ltd (company number 09441762) for a term of two years from 12th October 2021, expiring 11th October 2023. The passing rent is £35,000 per annum and a copy lease is available for inspection within the legal pack.
Additional Information
Auctioneer's Note -
Please note offers may be considered prior to the Auction Sale.

Remote Bidding Auction -
This property is being offered via a remote bidding auction with bidding by proxy, telephone or internet only. You will need to pre-register for remote bidding, provide your identification and debit card details no later than 24 hours prior to the auction, please visit our website for further details.