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60 Belwell Lane, Four Oaks, Sutton Coldfield, B74 4TR

Sold for for £435,000.
 

Guide Price £350,000-£375,000 plus fees


Thursday 10th December 2015

11.00am
Key Features
A Freehold Mixed Retail & Residential Investment Property, comprising 2 No. Retail Units and 4 No. Self Contained Flats within a desirable location<1mm/> Current Gross Income: £34,530 pa.
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Sold for for £435,000.

Commercial Property

Is Preliminary Lot

False

Location

The property occupies a prominent position fronting the northern side of Belwell Lane, between its junctions with Walsall Road and Clarence Road, within the popular and affluent Four Oaks area of Sutton Coldfield.
The property is located next to the Four Oaks Public House and close to the Four Oaks entrance to Sutton Park. The area is well served with local shopping and other amenities including Waitrose and Sainsburys at Mere Green and there is good access to the local railway network with Butlers Lane and Four Oaks Stations in close proximity.

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Accommodation Cont'd

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Value Added Tax

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Flat 2: First Floor - having Bedsitting Room, Kitchen, Shower Room/WC.
Flat 3: First Floor - having Living Room/Kitchen, Bedroom, Shower Room/WC.
Flat 4: Second Floor - having Living Room, Kitchen, Bedroom, Shower Room/WC.
The Flats benefit from electric heating and the majority of the windows are UPVC double glazed units.

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We understand that VAT will not be chargeable on this transaction.

Property Description

The property comprises a prominent three storey brick building, which is divided to provide two retail units on the ground floor and four self-contained flats known as Belwell Court.

Property Type

Commercial Investment

Tag Line

A Freehold Mixed Retail & Residential Investment Property, comprising 2 No. Retail Units and 4 No. Self Contained Flats within a desirable location
Current Gross Income: £34,530 pa.

Tenure

We understand that the property is Freehold, subject to various tenancies below:-

Viewings

Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4580.

Tenure: