Commercial
Guide Price: £115,000+
For sale by auction – Thursday 2nd October 2014
At Leicester City Football Club, King Power Stadium, Filbert Street,
Leicester LE2 7FL
Commencing at 11.30 am
The auctioneers have not inspected the property.
The property is to be sold as seen and subject to any tenancies or leases in place.
A substantial double fronted mixed use property situated in a very popular location on the outskirts of Birmingham.
The property is situated on the A41 Holyhead Rd close to Birmingham Centre. This is a busy road with plenty of foot-flow and is in a densely populated area with many more amenities within the locality.
Ground Floor
Large, double fronted retail shop currently trading as a general store/ mini supermarket with a Post Office counter to the rear.
First Floor
The first floor has not been inspected but is believed to offer large residential accommodation.
Externally
We believe that there is garden/yard area to the rear.
Tenure
Freehold- subject to any tenancies that may or may not subsist.
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary
Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or credit card deposits.
The sale of each lot is subject to a buyers fee of £750 (including VAT) payable on the fall of the hammer.
Large Retail Property
Located on A41
Densely Populated Area
Close to Birmingham City Centre
EPC rating: E
