Light Industrial
A commercial unit located to the rear of 22 Grove Road comprising a lockup yard with driveway access (wide enough for a Transit). Site area circa 5,100 sq.ft or thereabouts
The accommodation comprises a light industrial unit currently occupied by a car repair business paying £12,000 per annum rent on a 3 year lease commencing 25/11/20. Interested parties are advised to inspect the legal pack for more information on the tenancy in place.
The accommodation is split into a main workshop area with a ramp and space for several vehicles extending to approximately 1,022 sq.ft. Beyond this is a spray area extending to approximately 454 sq.ft.
Externally there is a substantial courtyard which upon inspection was used to store vehicles. The site perimeter has several pre-fabricated offices, one of which has been converted into worker accommodation consisting of living room, kitchen, bedroom and bathroom.
The site is accessed via a shared driveway running to the right of number 22 Grove Road leading to secure gates beyond. The width of access was measured to be 2.55m wide giving ample access.
We feel the site could suit several uses in the future from providing parking for local residents, to further car repairs, builders yard or even commercial kitchens, all subject to applying for any appropriate planning consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.
Sparkhill is located a few miles from Birmingham city centre and the site is located within an area of both residential and commercial units close to several bus links into the city and in an area of massive demand for storage and industrial units.
Freehold. Subject to tenancy.
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 Variable Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
Auction Deposit and Fees
The following deposits and non- refundable auctioneer’s fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
Guide Price & Reserve Price
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.
