Retail Property (High Street)
The property comprises a semi detached single storey brick built Unit with a flat roof, previously used as a salon. The property benefits from a roller shutter, storage area and rear courtyard and has recently been refurbished to a high standard internally.
The Unit also benefits from on-street parking along Brigfield Road.
The Unit comprises a Retail Area with separate WC and Kitchen facilities leading to a Storage Area giving access to the rear Courtyard.
The shop could potentially be reconfigured to give a larger trading area by utilising the storage area.
Retail Unit - 316 sq.ft. (29.37 sq.m.) approx.
Storage Area - 142.08 sq.ft. (13.2 sq.m.) approx.
The property is located in Billesley fronting onto Brigfield Road which is close to the busy Yardley Wood Road with its bus connections to and from Birmingham and the nearby areas of Kings Heath and Moseley.
The property is considered to benefit from a good immediate catchment area for trade and may be suitable for other retail uses subject to obtaining any appropriate planning permission.
We understand that the property is Freehold and vacant possession will be given upon completion.
We understand that VAT will not be chargeable on this transaction.
Strictly by arrangement with the Auctioneers.
Freehold. Vacant possession upon completion.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
