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303a Long Lane, Halesowen, B62 9EP

Unsold, the last bid was for £30,000. Please refer to Auctioneer for Reserve.
 

Guide Price £35,000 plus fees


Thursday 8th December 2016

11.00am
Key Features
A Freehold Ground Floor Retail Unit within a Local Shopping Area, together with Ground Rent from the flat above
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Unsold, the last bid was for £30,000. Please refer to Auctioneer for Reserve.

Commercial Property

Is Preliminary Lot

False

Location

The property is situated within a parade of similar properties fronting Long Lane at its junction with Nimmings Road. The property lies within a popular and well established mixed residential and commercial area, and is considered suitable for a variety of retail uses subject to any appropriate planning permission.

Property Description

The property comprises a mid terraced lock-up shop in need of refurbishment. The property is currently configured to provide retail area, partitioned office, kitchen and WC. The office could easily be removed to create a larger retail area.

Tag Line

A Freehold Ground Floor Retail Unit within a Local Shopping Area, together with Ground Rent from the flat above

Tenure

We understand that the ground floor shop is Freehold and vacant possession will be given upon completion.
The first floor flat has previously been sold on a Long Leasehold basis for a term of 99 years from 9th October 1990, at a Ground Rent of £50 per annum.
Full details of tenure will be available within the legal pack.

Value Added Tax

We understand that VAT will not be chargeable on this transaction.

Viewings

Strictly by arrangement with the Auctioneers.

Tenure: