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189-189a Weoley Avenue, Selly Oak, Birmingham, B29 6PU

Sold for for £162,000.
 

Guide Price £115,000-£125,000 plus fees


Thursday 10th December 2015

11.00am
Key Features
A Freehold Mixed Retail and Residential Investment Property<1mm/> Current Gross Income Equivalent To: £17,720 pa.
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Sold for for £162,000.

Commercial Property

Is Preliminary Lot

False

Location

The property is located within a small parade of similar properties on the eastern side of Weoley Avenue, close to its junction with Corisande Road. The area is a well established residential neighbourhood within close proximity to Selly Oak Park and the retail and other amenities along the main A38 Bristol Road. The University of Birmingham Selly Oak Campus, Queen Elizabeth Hospital and Bournville Village Trust are all within close proximity.

On behalf of

On Behalf of the Joint LPA Receivers

Property Description

The property comprises a mid terraced two storey building, of brick construction surmounted by a pitched tiled roof. It is divided to provide a retail unit on the ground floor, currently used as dog grooming parlour, having a front retail area, rear wash room, WC and steps to a lower level with kitchen area and store. On the first floor and having access from the rear, is a self-contained flat comprising living room, bathroom, kitchen, bedroom and two further attic rooms. The living accommodation is in need of repair and modernisation.

Property Type

Commercial Investment

Tag Line

A Freehold Mixed Retail and Residential Investment Property
Current Gross Income Equivalent To: £17,720 pa.

Tenure

We understand that the property is Freehold, subject to the following arrangements:-

Value Added Tax

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

Viewings & Further Details

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

Tenure: