Commercial Property
False
The property is located within a well established and popular neighbourhood shopping area, in the suburb of Stechford, which lies approximately 6 miles east of Birmingham City Centre.
Within the vicinity there is a good mix of local retailers, together with Greggs, Lloyds Pharmacy, Select a Save, a Post Office and Coral. The area is generally residential in nature and the property is considered to occupy a good potential catchment area for trade for a variety of retail uses, subject to obtaining any appropriate Planning Permission.
A ground floor retail unit standing within a parade of similar properties. The property has an aluminium framed glazed frontage with roller shutter security grill and comprises a retail area formerly used for hairdressing, stores, kitchen and two WCs. Outside, there is a rear yard and garden with vehicular access from the rear.
Commercial Vacant Possession
A Freehold Ground Floor Retail Unit within a Busy Neighbourhood Parade
We understand that the property is Freehold and vacant possession will be given upon completion.
The sale also includes the benefit to receive a ground rent of £60 per annum from the first floor flat, which has previously been sold on a 99 year Lease with effect from 9th May 1990, with provision for a rent review every 33 years.
We understand that VAT will not be chargeable upon this transaction.
Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.
