We are back in the auction room for our 21st July auction!

 

121 Church Lane, Stechford, Birmingham, B33 9EJ

Spacious Freehold retail unit/show room in Stechford

Guide price*

£275,000+

Plus fees

Sold for £290,000

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Finance available on this property

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Lot 106 Commercial Vacant
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Auction details:

Wednesday 11th December 2019 @ 10:30AM

Holte Suite, Aston Villa FC, Trinity Rd, Birmingham B6 6HE

A Prominent and Spacious Freehold Retail Unit/Showroom within an established residential neighbourhood. Considered suitable for a variety of alternative uses subject to any appropriate planning permission

Property Description

The property comprises a spacious two storey mid terraced building of brick construction with a pitched tiled roof. Internally the property is configured to provide retail accommodation on the ground floor currently used for car accessories and having an open-plan style sales area whilst to the rear is a small staff kitchen and WC. There is an internal staircase leading to the first floor which was originally storage but has been adapted to provide further retail open-plan space with ancillary offices. Outside there is a good sized tarmacadam forecourt along the whole of the building frontage providing customer car parking.

Location

The property occupies a prominent corner position at the junction of Church Lane and Kitts Green Road and is situated within an established neighbourhood shopping parade with Glebe Farm Road, and lies approximately 5 miles east of Birmingham city centre.
Given its densely developed neighbourhood location the property is considered to occupy a good potential catchment area for trade including convenience type shopping uses.

Energy Performance Rating

See Legal Pack.

Tenure

Freehold – Vacant possession upon completion.

Value Added Tax

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

Viewings

Strictly by appointment with the Auctioneers.

Accommodation

Sq.m. Sq.Ft.
Ground Floor 179.76 sq.m. 1,935 sq.ft.
First Floor 140.28 sq.m. 1,510 sq.ft.
Total (approx.): 320.04 sq.m. 3,445 sq.ft.
We have not undertaken a full measured survey and all interested parties should satisfy themselves that the floor areas and dimensions are suitable for their proposed future use.
DISCLAIMER

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.

Remote bidding registration