12 Lombard Street West Bromwich West Midlands B70 8RT

  • 12 Lombard Street<br>West Bromwich<br>West Midlands<br>B70 8RT

12 Lombard Street
West Bromwich
West Midlands
B70 8RT

Freehold Office with Development Potential

  • Comprises approximately 2,771 sq m (29,827 sq ft)
  • Town Centre location close to High Street
  • Residential redevelopment potential with potential to add additional floors (subject to consents)
  • Car parking for approximately 11 cars
  • Lot
    92
  • Auction
    19th October 2017
  • Vacant Possession
  • Status
    Sold Prior
  • Price
     
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important UpdateInterested?
  • Expand
  • Photos
  • Map

Freehold Office with Development Potential

  • Comprises approximately 2,771 sq m (29,827 sq ft)
  • Town Centre location close to High Street
  • Residential redevelopment potential with potential to add additional floors (subject to consents)
  • Car parking for approximately 11 cars
  • Lot 92
  • Auction 19th October 2017
  • Vacant Possession
  • Status Sold Prior
  • Price  
  • Sector
    Office
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
6 miles north-west of Birmingham City Centre
9 miles south-east of Wolverhampton
Roads
A41, M5 (Junction 1)
Rail
Sandwell & Dudley Railway Station
Air
Birmingham International Airport
Situation

West Bromwich is a major town some 7 miles northwest of Birmingham City Centre. The property is situated on the west side of Lombard Street, some 50 metres to the north of High Street. Occupiers close by on High Street include Barclays, TSB and NatWest, together with the Astle Outlet Park where occupiers include B&M, Marks & Spencer, Gap, Nike and Trespass. There is a public car park close by on Lombard Street.

Tenure

Freehold.

Location
Miles
6 miles north-west of Birmingham City Centre
9 miles south-east of Wolverhampton
Roads
A41, M5 (Junction 1)
Rail
Sandwell & Dudley Railway Station
Air
Birmingham International Airport
Situation

West Bromwich is a major town some 7 miles northwest of Birmingham City Centre. The property is situated on the west side of Lombard Street, some 50 metres to the north of High Street. Occupiers close by on High Street include Barclays, TSB and NatWest, together with the Astle Outlet Park where occupiers include B&M, Marks & Spencer, Gap, Nike and Trespass. There is a public car park close by on Lombard Street.

Tenure

Freehold.

Description

The property comprises office accommodation on the ground, first and second floors. The property benefits from car parking for approximately 11 cars and may be suitable for residential redevelopment (subject to necessary consents). There is an electricity substation on the site.

VAT

VAT is applicable to this lot.

Viewings

There will be a block viewing for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Billy Struth. +44 (0)20 7034 4854.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises office accommodation on the ground, first and second floors. The property benefits from car parking for approximately 11 cars and may be suitable for residential redevelopment (subject to necessary consents). There is an electricity substation on the site.

VAT

VAT is applicable to this lot.

Viewings

There will be a block viewing for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Billy Struth. +44 (0)20 7034 4854.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (2) (Approx) Tenant
Ground
First
Second		 Office
Office
Office
825 sq m
973 sq m
973 sq m
(8,881 sq ft)
(10,473 sq ft)
(10,473 sq ft)
 VACANT POSSESSION (1)
Totals
2,771 sq m
(29,827 sq ft)
  

(1) There is an electricity substation on site which is subject to a lease in favour of Western Power Distribution (West Midlands) Limited for a term of 25 years from 01/11/2005 at a currrent rent reserved of £400 p.a.x. and subject to rent review on 01/11/2020 and 2025.
(2) Gross Internal Areas.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Reed Smith LLP Broadgate Tower, 20 Primrose St
London
EC2A 2RS
Daniel Ellison 020 3116 3934dellison@reedsmith.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
AquillaNatasha Ward+44 (0)20 3159 4314+44 (0)7545 208 759natashaw@aquillaib.co.uk

You may also be interested in

By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

We will keep you updated about lot xthis property.

In the meantime, if you would like to speak to the Surveyor about this property, please call on .

Are you sure you want to remove this property from your Watch List?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?