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Studiox
![]() ![]() Guide price
£69,000PCM Freehold Merritts Brook Lane,
Birmingham, B31 |
Royal Estates are proud to present two occupied commercial premisies currently achieving £550PCM. The businesses are currently trading as an offlicence and a cafe. Storage rooms and retail area's are available in both. The property is set back from the road with good coverage of the road and surrounding roads.
Michael's Offlicence:
Retail Area: 32,02ft x 14,09ft
Store Room/Kitchen: 12,06ft x 6,08ft
Hot Pot Diner:
Retail Area: 32,02 x 17,02ft
Store Room: 14,04 x 8,06ft
The property is availabe with parking at the front of the premises ideal for upto 4 cars.
Northfield is a residential area on the southern outskirts of metropolitan Birmingham, England, and near the boundary with Worcestershire. It is also a council constituency, managed by its own district committee. The constituency includes the wards of Kings Norton, Longbridge, Weoley Castle and the smaller ward of Northfield that includes West Heath and Turves Green.
Mentioned in the Domesday Book and formerly a small village, then included in north Worcestershire, Northfield only became part of Birmingham in 1919 after it had been rapidly expanded and developed in the period prior to World War I. The northern reaches of Northfield fall within the Bournville model village and the southern housing estates were originally built by Austin Motors for their workforce
BIDDING
For bidding please visit: www.underthehammer.com/property/view/227
TENURE
See full details on www.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.
VIEWING DETAILS
By arrangement with the partner agents or can be booked online at www.underthehammer.com
EPC
EPCs can be viewed in full on our website www.underthehammer.com on the sales details page or in the legal pack.
CONDITIONAL ONLINE AUCTION DETAILS
Every online bidder must first create an account at www.underthehammer.com/account/create/. This is a very quick and simple process. Once you have registered, you will be able to search, download legal documents, arrange viewings and contact the Agents, Auctioneers and the solicitors if you have queries on the property.
This property is for sale Under The Hammer by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase which allows you up to 56 days to complete on the property which means interested parties can proceed with traditional residential finance.
If you are the successful bidder, at the end of the specified time period, you’ll enter into a reservation agreement with the seller and have 28 days within which to exchange. If you fail to do so, you may lose your reservation fee. During the 28 day reservation period, the seller is not able to accept other offers. For reservation fees, please see terms of sale.
Full terms and conditions are available at www.underthehammer.com
Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers.
Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.
Retail Area, PARKING, Development Opportunity, Storage Area