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Retail - High Streets for auction in Birmingham

Create Alert 2 results Sorry, we currently do not have any listings in 0 miles of Birmingham - Please find below the nearest listings available.
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Auction Venue
Aston Villa FC, Holte Suite, Trinity Road, Birmingham, B6 6HE
Date : 12th December 2018
Time : 10:30 am
Guide Price : in excess of £58,000+

A freehold town centre retail investment current rent passing £6,500 per annum rising to £7,000 per annum. Potential gross income £12,000 per annum

Property Description
DRAFT DETAILS The property comprises an attractive end of terrace three storey building of brick and part rendered construction with a slate roof. The ground floor of the property is utilities as a popular clothing store and has a trading area of approximately 250 sq ft (23 sq m). The first floor accommodation is accessed from the retail unit and comprises of a landing, two double rooms and a wc. The second floor is currently not accessible and would require a staircase to be installed. We are advised it comprises of a single room which has not been inspected and as such interested parties are to satisfy themselves as to the layout. We consider the upper accommodation suitable to change of use, subject to obtaining the appropriate planning permission into residential accommodation. Separate access could potentially be realised by reconfiguring the layout of the stairs to the side of the property. Location The property is situated within a parade of similar proprieties lying to the northern side of George Street opposite an ASDA superstore and with an area that is currently undergoing extensive investment and improvement including a new retail and leisure development to the rear. The established shopping areas of the high street, Sadlers centre and Jerome retail park are all within close proximity. We understand the property is subject to term of 5 years commencing December 2017 at a current rent passing of £6,500 per annum rising to £7,000 per annum from December 2019. We have not have sight of any legal documentation, but a copy will be made available within the legal pack. We understand Value Added Tax will be chargeable on this transaction.

Tenure
Freehold. Subject to tenancy.
65, George Street, Walsall, WS1 1RS
A freehold town centre retail investment current rent passing £6,500 per annum rising to £7,000 per annum. Potential gross income ...
Type: Retail - High Street, Retail
Location: 65 George Street, WS1 1RS
Images: 1
Brochures: 1
View Property
** UNSOLD - AVAILABLE AT £195,000 **


A Freehold Former Bank Premises, occupying a main High Street Location, considered suitable for a variety of alternative uses, including retail/leisure on the ground floor and offices on the first floor, subject to obtaining any appropriate planning permission

Property Description
The property comprises a two storey mid terraced former bank premises of brick construction under a flat roof. The ground floor comprises a former banking hall, interview rooms and office accommodation and has been extended to the rear to provide a strong room, male and female WCs, ancillary stores and boiler room. The first floor which benefits from a separate front door access and can also be accessed from the rear via an external fire escape was previously used as office and meeting rooms, and is currently used by a tutoring company.

Location
The property benefits from a central position in Blackheath's main retail pitch on the High Street, between Bell Street and Short Street junctions. The majority of occupiers in Blackheath are a mix of local independent retailers, however there is national and regional representation with William Hill, Iceland, Greggs, The Card Factory and the West Bromwich Building Society all within the general vicinity.

Blackheath is a Black Country suburban town located approximately 7 miles to the west of Birmingham City Centre.

Tenure
We understand the property is Freehold and vacant possession will be given upon completion, of the ground floor.
The first floor is let to a tutoring company at £7,500 per annum, the Lease expires on the 27th September 2018 and is contracted outside the Landlord &Tenant Act.

Accommodation
Ground Floor: 2,297 sq.ft. (213.36 sq.m.)
First Floor: 1,483 sq.ft. (137.81 sq.m.)
Total NIA: 3,780 sq.ft. (351.17 sq.m.)

Value Added Tax
We understand that VAT is not chargeable on this transaction.

Viewings
Strictly by arrangement with the Auctioneers.

IN PARTNERSHIP WITH
GVA

Tenure
Freehold. Vacant possession upon completion.
Former Bank Premises, 162, High Street, Rowley Regis, B65 0DX
A Freehold Former Bank Premises, occupying a main High Street Location
Type: Retail, Offices, Office, Leisure, Mixed Use, Retail - High Street, Other Property Types & Opportunities
Location: Former Bank Premises, 162 High Street, Rowley Regis, B65 0DX
Size: 3780 Sq Ft
Images: 1
Brochures: 2
View Property
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