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95-97 Cato Street, Nechells, Birmingham, B7 4TS

Unsold, the last bid was for £225,000. Please refer to Auctioneer for Reserve.
 

Guide Price £295,000 plus fees


Thursday 23rd October 2014

11.00am
Key Features
A Pair of Interconnecting Modern Business Units, currently providing Office, Warehouse and Workshop Accommodation extending to approximately 5,220 sq.ft. with Car Parking
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Unsold, the last bid was for £225,000. Please refer to Auctioneer for Reserve.

Commercial Property

Location

The property is located approximately 1½ miles north east of Birmingham City Centre with excellent access to the midland and national motorway network via the A38M Aston Expressway onwards to Junction 6 of the M6 motorway.

Property Description

The property comprises two interconnecting business units, currently configured as well presented offices at first and ground floors, benefiting from a perimeter trunking and air conditioning. Warehousing and large boardroom are located to the rear as well as a self-contained workshop.
The property benefits from surfaced car parking for approximately 14 cars.
Currently the property is configured to provide office accommodation for approximately 70 staff, however it is considered suitable for a wide range of uses, including trade counter use, subject to obtaining the appropriate planning permission.

Property Type

Commercial Vacant Possession

Tag Line

A Pair of Interconnecting Modern Business Units, currently providing Office, Warehouse and Workshop Accommodation extending to approximately 5,220 sq.ft. with Car Parking

Tenure

We understand that 95 Cato Street is Freehold and will be available with vacant possession upon completion. 97 Cato Street is Long Leasehold for a term of 999 years (Virtual Freehold) from 26th June 1988 and will also be available with vacant possession upon completion.

Value Added Tax

We understand that VAT will be chargeable on this transaction.

Viewings & Further Details

Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.

Tenure: