Commercial property for sale in Cape Hill, Smethwick, West Midlands B66, £295,000

295,000.00

Offer Nr.:
65385811
Type of ad:
for Sale
Property type:
Commercial property
Bathrooms:
1
Contact name:
Royal Estates
Phone(s):
0121 659 8503

* Freehold
* Freehold
For Sale by under the hammer online auction. Tuesday 10th - 12th October 2023.
Guide Price £295, 000. A freehold vacant commercial premises set over three
floors.
Viewing days & time:
Please enquire for viewing availability.
An opportunity not to be missed.
A vacant mixed use commercial premises which is set over three floors having
an enormous square footage, the property is situated in an ideal location with
ample passing trade and being within a 10 minute drive from Birmingham City
Centre.
The ground floor commercial currently consist of a single fronted shop, which
spans the whole length of the building consisting of a retail area with
commercial kitchen, storage room, kitchen and W. C.
The first and second floor is currently consisting commercial space which
could be converted to residential should the correct consent be obtained, the
upstairs section of the building would be ideal for a conversion into multiple
apartments. With a separate access via two staircases leading to the upstairs
sections of the building.
At the rear of the property is a reasonable sized parking area, which we
believe is shared between the businesss, this is accessed via a gated entry
allowing for loading and unloading to the property.
The current rateable value for the property is £18, 500PA
EPC: B
**Bidding
**
For bidding please visit: Underthehammer. Com
*start prices & reserve prices
Each property sold is subject to a Reserve Price. The Reserve Price will be
within + or - 10% of the Start Price. The Start Price is issued solely as a
guide so that a buyer can consider whether or not to pursue their interest.
**EPC
**
EPCs can be viewed in full on our website underthehammer. Com on the sales
details page or in the legal pack.
**Unconditional auction details
**
Contracts are exchanged immediate at the end of the auction and a 10% deposit
will be taken from the highest bidder. This deposit will contribute towards
the purchase price.
Completion will be 8 weeks. (56 days)
Every buyer must first create an account at underthehammer. Com Remote bidding
facilities are also available, contact the auction office for further details.
Full terms & legal documentation
Available at underthehammer. Com

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)