Freehold Ground Rent let to an individual with approx. 9 years unexpired
Valuable Reversion in 2034
0.02 Ha (0.05 Acre) Site with two storey building
Forming part of a neighbourhood retail parade
Popular Birmingham suburb 3.5 miles from Birmingham City Centre
VAT Free Investment
Lot 43
Auction 25th September 2024
Rent £12 per Annum Exclusive
Status Available
Guide* £80,000
Sector Ground Rent
Auction Venue Live Streamed Auction
Property Information
Location
Miles
3.5 miles south west of Birmingham City Centre
Roads
A38, M5
Rail
Selly Oak Railway Station
Air
Birmingham Airport
Situation
The property is located in a residential suburb 3.5 miles south west of Birmingham City Centre. The property is situated on the eastern side of Strathdene Road forming part of a well positioned neighbourhood parade.
Tenure
Freehold.
Location
Miles
3.5 miles south west of Birmingham City Centre
Roads
A38, M5
Rail
Selly Oak Railway Station
Air
Birmingham Airport
Situation
The property is located in a residential suburb 3.5 miles south west of Birmingham City Centre. The property is situated on the eastern side of Strathdene Road forming part of a well positioned neighbourhood parade.
Tenure
Freehold.
Description
The property comprises a site of 0.02 Ha (0.05 Acres), upon which sits a ground floor shop with ancillary accommodation on the first floor.
VAT
VAT is not applicable to this lot.
Description
The property comprises a site of 0.02 Ha (0.05 Acres), upon which sits a ground floor shop with ancillary accommodation on the first floor.
VAT
VAT is not applicable to this lot.
Tenancy & Accommodation
Site Area Approx. Ha
Site Area Approx. (Acres)
Tenant
Term
Rent p.a.x.
Reversion
0.02
(0.05)
INDIVIDUAL
99 years from 29/09/1935
£12.50
25/03/2034
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
