Mixed Use
The Property comprises a mid-terrace three storey brick built building surmounted by a pitched tilled roof fronting Cranes Park road Sheldon.
The Ground floor accommodation consists of a retail unit formally operated as a Children’s party shop and benefits from UPVC double glazed entrance leading to a trading area of approx. 260 square foot ( 25 square meters)
To the rear of the trading is an office, kitchen and WC of approximately 270 square foot (26 square meters). These are partitioned off and could be reconfigured to provide further trading area space if necessary.
To the rear of the property is an external storage area providing a further 300 sq ft (28 square meters) benefitting from WC and Separate access which could potentially be let separately.
The residential accommodation is accessed from the front of the building via a separate entrance with door leading to an entrance hallway and stairs leading to:
First Floor comprising landing, large Kitchen, Lounge, Bathroom, Bedroom 1
Second Floor comprising Landing, Bedroom 2, Bedroom 3 and Bedroom 4, bathroom.
We feel the premise would be suitable for room lets subject to obtaining any appropriate planning permission.
Location
The property is located in Sheldon within a parade of mixed use units and benefits from a highly prominent position with an off licence and hairdressers in the immediate vicinity. The local area comprises predominantly residential dwellings.
Sheldon is located approximately two miles from Birmingham, international airport and exhibition centre and approximately 6 miles from Birmingham City Centre.
Energy Performance TBC
Tenure
We understand that the property is Freehold and vacant possession will be given upon completion.
Vat
We understand that VAT will not be chargeable on this transaction
Viewings
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.
