108 Alcester Road, Moseley, Birmingham, B13 8EF

Freehold semi detached office/retail property in Moseley

Guide price*

£450,000+

Plus fees

Unsold, please refer to Auctioneer

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Finance available on this property

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Lot 89 Commercial Vacant
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Auction details:

Thursday 27th February 2020 @ 10:00AM

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

An Attractive Freehold Office/Retail Property with potential to convert the upper floor to residential uses subject to the appropriate planning permission, Located in Moseley Village

Property Description

The property comprises an attractive two storey semi detached building of brick construction with a pitched composite slate roof. The premises which until recently were used as offices are well presented throughout and considered suitable for a continuation of their existing use or conversion to retail type uses on the ground floor and residential on the upper floor subject to obtaining the appropriate planning permission. The property is currently configured to provide on the ground floor a lobby entrance with automatic doors into an open-plan retail/office area with glazed reception counter with office area beyond, two meeting rooms, further office, a large kitchen/staff room, disabled WC and ladies WC. On the first floor there is a large board room/office, three further offices, male WC. At the front of the building is a spacious terraced/balcony area which could easily be accessed from the rooms fronting the building by creating a doorway opening. The property has a useful cellar/basement with full head room and could be adapted to provide further usable space subject to any permissions. The property benefits from a lift and gas fired central heating. It should be noted that whilst the property has gas and electricity supply to the building these are to be split by the current owner from the adjoining building which is being retained, as such the purchaser will need to arrange for the gas and electrical supplies to be reconnected.

Location

The property occupies a prominent position fronting the eastern side of the main A435 Alcester Road, a busy local route throughout the day. The property is at the northern end of Moseley Village and is approximately 3 miles south of Birmingham city centre.
Moseley is a very desirable cosmopolitan residential suburb and leisure destination with a number of popular bars, restaurants and coffee shops. The area also has a number of individual boutiques and other independent retailers mixed with national operators including a recently developed M&S Foodhall.

Energy Performance Rating

See legal pack.

Tenure

Freehold – Vacant possession upon completion.

Value Added Tax

We understand that VAT is not chargeable on this transaction.

Auctioneers Note

Please note offers may be considered prior to the Auction Sale.

Viewings

Strictly by appointment with the Auctioneers.

Accommodation

Unit Sq.m. Sq.ft.
Ground Floor: 126 (approx.) 1,356 (approx.)
First Floor: 84 (approx.) 904 (approx.)
Basement: 83 (approx.) 900 (approx.)
Total: 293 (approx.) 3,160 (approx.)
Outside Terrace/Balcony: 36 (approx.) 387 (approx.)
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