133 Flaxley Road, Birmingham, B33 9HQ
Former retail unit with planning permission for conversion to residential
Sold for £107,000
A Freehold former retail premises with the benefit of planning permission for conversion to a four bedroom residential dwelling, may also be suitable for a seven bedroom HMO subject to the appropriate planning consent and licenses.
Property DescriptionThe property comprises a spacious two storey mid-terrace former retail premises of brick construction surmounted by a tiled pitched roof. The ground floor extends to approximately 1,000 sq.ft. (92.9 sq.m.) with offices and bathroom at first floor level. We have not undertaken a measured survey of the premises and all interested parties should satisfy themselves that the sizes and dimensions are suitable for their proposed future use.
LocationThe property forms part of a parade of similar properties fronting Flaxley Road near its junction with Old Farm Road. The property is situated within an established residential neighbourhood, close to Stechford Retail Park, which includes Argos, McDonalds, Pets at Home and Matalan.
The property benefits from good public transport links with bus services directly to Birmingham city centre and Stechford Railway Station within close proximity. The property lies approximately two miles from Birmingham Heartlands Hospital.
Energy Performance RatingSee legal pack.
TenureFreehold – Vacant possession upon completion.
Lease DetailsThe property was granted Prior Approval For Change of Use from Retail (Use Class A1) to dwelling house (Use Class 3) with associated operational development, by way of Application No. 2018/09439/PA dated 21 January 2019.
Additionally the property is considered suitable for conversion to a seven bed HMO, subject to the appropriate planning consents and licences. Copies of the planning permission and plans will be available for inspection within the Legal Pack.
Value Added TaxPlease refer to the Legal Pack in respect of VAT.
ViewingsStrictly by appointment with the Auctioneers.
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
REMOTE BIDDING AUCTION
Please note that the Auction will be livestreamed via our website with Remote Bidding by Proxy, Telephone or Internet Only. You must pre-register to bid for each auction no later than 24 hours prior to the auction. Please click here for further details.
*DEFINITION OF GUIDE & RESERVE PRICE
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
COSTS AT AUCTION
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £1,680 inc VAT (£1,400.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction. Please note that the administration fee for
the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘lot information’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.