* 4 apartments, two vacant two let
Location
The property is located in the town of Shirley, in The Borough of Solihull, on
the outskirts of Birmingham. The property is positioned on the corner of
Shakespeare Drive and Stratford Road (A34). Shirley Station is also
approximately 1. 2 miles from the property. Local amenities for the area are
good, with numerous retailers nearby including: Marks and Spencer, Lilly,
Curry’s, B&Q, Sainsbury's, Sports Direct amongst other independent operators.
Description
There are 4x3 bedroom apartments within the block which are available to
purchase. Two are let on ast’s and two are vacant. Access to the flats is via
the side of the property, with stairs leading up to the flat roof at the back
of the first floor. There is a shared landing above the retail element
providing outside space for each apartment.
Price Offers in the region of £380, 000 (three hundred and eighty thousand
pounds) for the long leasehold interest. This represents a low capital value
of £135. 71 psf, which is less than replacement cost.
The purchaser may qualify for multi - unit relief on stamp duty. They should
rely on their own enquiries in this regard.
VAT The premises are not elected for VAT
EPC Rating tbc
Tenure A new 999 year long leasehold at a peppercorn ground rent.
Anti money laundering procedures In accordance with the Money Laundering,
Terrorist Financing and Transfer of Funds (Information on the Payer)
Regulations 2017 the Purchaser will be required to comply with our Anti Money
Laundering policy. Further details on request.

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