Mixed Use
The property comprises of a two storey brick built end of terrace property with pitched roof located in a highly prominent position along Pershore Road, Stirchley.
Upon inspection we noted a non permanent structure had been installed on the adjoining land to the right of the property and was being utilised as storage space. For the avoidance of any doubt, this is not being offered as part of the sale. The plans within the legal pack clearly outline the property boundaries.
The ground floor accommodation is accessed via an entrance fronting Pershore road, leading to a reception area with dimensions of approx. 143 sq foot (13.2 sq m). Beyond is a trading area of approximately 210 sq feet (19.5 sq m). The rear of the unit contains a further storage area with wash room facilities along with external access via a side door.
The first floor accommodation has a separate external staircase to the rear which is accessed via an alley way to the left of the property. The accommodation comprises of a lounge, kitchen, bathroom and a double bedroom along with storage space.
Externally there is a rear garden and a driveway to the front of the property.
The Property is located in Stirchley on the busy Pershore Road within an area of both commercial and residential buildings. The immediate vicinity comprises residential property with some pockets of newer built housing stock. The property lies approximately a mile from Cotterage and within 3 miles of Kings Norton and Selly Oak and the University of Birmingham.
We understand that VAT will not be chargeable on this transaction.
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.
