SOLD under the hammer by online auction for £254,000. A freehold Mixed Use With Self Contained Flat, Edgbaston, B16 8UQ, VIEWINGS VIA AGENT.

A mixed use freehold premises compromising of a downstairs retail unit which is currently vacant as well as a two bedroom apartment with separate rear access.

Located in a highly sought after area on the main Hagley Road. A further benefit is the Birmingham tram line will run from Grand Central to Hagley Road which is due to be completed in 2021.

Tenancy Details:

Ground floor retail area: Vacant 

First floor flat: Currently Let on an assured shorthold tenancy achieving a gross income of £550 pcm.

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.

VIEWING DETAILS

By arrangement with the partner agents or contact 03455 120 115.

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 4 weeks (28 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

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.