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126-126a Lea Village, Kitts Green, Birmingham, B33 9SL

Sold for for £92,000.
 

Guide Price £70,000-£75,000 plus fees


Thursday 2nd May 2013

11.00am
Key Features
A Freehold Retail Unit with Self-Contained Living Accommodation above, in need of refurbishment
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Sold for for £92,000.

property

Location

The property is situated in the well established and popular Lea Village shopping area, close to its junction with Kitts Green Road.

The property is located within a parade of similar properties in this densely developed residential area, approximately 6 miles east of Birmingham City Centre. There is a mix of local traders and national retailers including Greggs immediately adjacent and Lloyds TSB opposite within the general vicinity.

The property, whilst in need of repair and modernisation, is considered to occupy a good potential catchment area for future trade.

Property Description

The property comprises a two storey mid terraced building of brick and tile construction, standing within a parade of similar properties, providing a retail shop on the ground floor and self-contained living accommodation on the first floor. Both the ground floor and upper floor are in need of repair and refurbishment, prior to occupation.

The ground floor shop consists of a retail area and store of approximately 495 sq.ft. The first floor is accessed via a separate front door entrance, having Hall, Stairs to first floor, Two Bedrooms, Living Room, Bathroom and Kitchen, both of which are in shell form and require fitting out.

Tag Line

A Freehold Retail Unit with Self-Contained Living Accommodation above, in need of refurbishment

Tenure

We understand that the property is Freehold and vacant possession will be given upon completion.

Value Added Tax

VAT will not be applicable on this transaction.

Viewings & Further Details

Viewings are strictly by arrangement with the Auctioneers.
For further details, please contact Ian Tudor on 0121 237 4850.

Tenure: