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Kings Court, Streetly Road, Erdington, Birmingham, B23 7AJ

Sold Prior to auction, for an undisclosed amount.
 

Guide Price £225,000-£250,000 plus fees


Thursday 3rd September 2015

11.00am
Key Features
A Freehold Office Building currently operating as Serviced Offices, but suitable for owner occupation or redevelopment, subject to obtaining the appropriate planning permission.<1mm/> Current Gross Income: Equivalent to £52,540 pa.
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Sold Prior to auction, for an undisclosed amount.

Office

Is Preliminary Lot

False

Location

The premises occupy a prominent position fronting Streetly Road, close to its junction with Short Heath Road. The property is situated approximately 1 mile north east of Erdington centre, whilst Birmingham City Centre lies approximately 5 miles to the south and Sutton Coldfield approximately 4 miles to the north. The premises benefit from excellent access to the Midland motorway network, being located approximately 2 miles north of Junction 6 of the M6 motorway.
The premises are situated within a predominately residential area with a local shopping parade within the immediate vicinity.

Property Description

The property comprises a two storey office building of brick construction with a flat roof. The property stands behind a small forecourt with some off-street parking, whilst to the rear, there is a small surfaced parking area, together with three brick built garage type stores. Access to the rear is via a driveway adjacent to 193 Streetly Road.
Internally, the accommodation provides a range of cellular serviced offices, accessed via a central corridor on each floor. The accommodation is well presented and there is a male and female WC accommodation on both floors. There is a shared reception and waiting area on the ground floor.

Tag Line

A Freehold Office Building currently operating as Serviced Offices, but suitable for owner occupation or redevelopment, subject to obtaining the appropriate planning permission.
Current Gross Income: Equivalent to £52,540 pa.

Tenure

We understand that the property is Freehold and will be sold with a number of occupiers as a serviced office centre. We understand that owner occupation could be readily available in the short term.
Full details will be available within the legal pack.

Value Added Tax

We understand that VAT is not chargeable on this transaction.

Viewings & Further Details

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

Tenure: