Commercial Property
2
False
The property occupies a prominent position fronting the northern side of Belwell Lane, between its junctions with Walsall Road and Clarence Road, within the popular and affluent Four Oaks area of Sutton Coldfield.
The property is located close to the Four Oaks Public House and close to the Four Oaks entrance to Sutton Park. The area is well served with local shopping and other amenities including Waitrose and Sainsbury's at Mere Green and there is good access to the local railway network with Butlers Lane and Four Oaks Stations within close proximity.
The property comprises a two storey mid terraced building of brick construction with an artificial slate roof and part single storey extension with a flat felted roof.
The property is currently divided to provide on the ground floor a lock-up retail unit with associated office and WC. The remainder of the property comprises a lounge and kitchen area with two bedrooms and bathroom on the first floor. The living accommodation requires some fitting out and redecoration, to be fully habitable. The retail area is fitted out to a good standard. To the rear of the property there is a garden with potential to create parking subject to permission and a right of access over the neighbouring pub car park.
Commercial Investment
A Freehold Part Retail Investment with adjoining vacant two bedroomed mid terraced cottage, with scope for expansion and improvement, subject to any appropriate planning permission
We understand that the property is Freehold.
56 Belwell Lane comprises a two bedroomed residential property which will be available with vacant possession upon completion.
58 Belwell Lane comprises of a lock-up retail unit currently let for 3 years with approximately 2 years unexpired at a rental of £5,500 per annum.
We have not had sight of the legal documentation relating to this, however a copy of the Lease will be available for inspection within the legal pack.
We understand that VAT will be charageable on the commercial element of the building. Full details will be available in the special conditions of sale contained within the legal pack.
Strictly by arrangement with the Auctioneers.
