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25, Acfold Road, Birmingham, B20 1HD

A Mixed Use Commercial Investment Opportunity
Location: 25 Acfold Road, B20 1HD
Property type: Residential, Retail, Flat
Tenure type: For Sale Freehold
Tenancy type: Investment
**Unsold, the last bid was £150,000. Please refer to Auctioneer for Reserve**

This commercial/residential investment opportunity comprises one retail unit and one duplex flats with a current income of £12,600 per annum

Tenure

Freehold

25 Acfold Road

Currently trading as a Beautician shop let on a five year lease from 1st September 2017 at an annual rent of £5,400

25a Acfold Road

First Floor Duplex Flat - which we are advised has been let on a six month Assured Shorthold Tenancy at £600 PCM (Subject to confirmation of Tenancy Agreement)

Buyers Premium

A Buyers Premium of £1,833.00 plus vat (£2,200.00 inc vat) will be charged for this lot in addition to an Administration Fee of £750.00 plus vat (£900.00 inc vat)

Viewing

There will be no viewings for this lot

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Birmingham City Council

Solicitors

Butterworths Solicitors, 3 Walker Terrace, Gateshead, Tyne + Wear, NE8 1EB, Tel: 01914821152

Additional Fees

Buyer's Premium - £2200 inc VAT payable on exchange of contracts.

Administration Charge - £900 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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