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2-6 Belchers Lane, Alum Rock, Birmingham, B8 3EU

Unsold, the last bid was for £250,000. Please refer to Auctioneer for Reserve.
 

Guide Price In excess of £250,000 plus fees


Thursday 25th February 2016

11.00am
Key Features
A Freehold Commercial and Part Residential Investment Property Current Gross Income: £24,600 per annum with potential to improve
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Unsold, the last bid was for £250,000. Please refer to Auctioneer for Reserve.

Commercial Property

Auctioneer's Note (Numbered)

The existing rental income has potential to be increased by letting the two vacant ground floor units.
If the prospective purchaser requires the ground floor for their own purposes then vacant possession can be arranged for completion.
Completion of the property will be 6 weeks from the Auction.

Is Preliminary Lot

False

Property Description

A substantial investment property with both commercial and residential elements. Set back from the road in a corner position with frontages to both Belchers Lane and Pelum Road.

Property Type

Commercial Investment

Tag Line

A Freehold Commercial and Part Residential Investment Property
Current Gross Income: £24,600 per annum with potential to improve

Tenure

We understand that the property is Freehold and is being sold subject to the existing tenancies. (Tenancy details will be available within the Legal Pack).

Viewings

Strictly by arrangement with the Auctioneers.

Tenure: