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Terms and Conditions

By submitting a bid you confirm, you have read and understood the terms of sale and special conditions in the legal pack and have clarified all information with your solicitor.

If you’re the successful bidder, you agree to pay the deposit amount and fees and charges associated with this property immediately after the end of the auction.

By placing a bid, you are authorising the auctioneer to sign the contract of sale on your behalf. The exchange of contracts will take place immediately and which point you will become legally bound to purchase and the deposit will contribute towards the purchase price.

Online auction

Freehold Commercial, Northfield, B31 1PW

Merritt's Brook Lane, Birmingham, West Midlands B31 1PW, UK

SOLD FOR

£70,000

Auction Ended

End: 27-11-2019 17:10:00

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The sale of this lot is subject to an auction administration fee, the greater of £2,500 + VAT or 1.75% +VAT of the purchase price.
  • Freehold
  • Recently Refurbished
  • Off Road Parking
Royal Estates
0121 429 2030

464 Bearwood Road, Birmingham, B66 4HA

  • Freehold
  • Recently Refurbished
  • Off Road Parking
Royal Estates
0121 429 2030

464 Bearwood Road, Birmingham, B66 4HA

SOLD PRIOR

7 Merritt's Brook Lane, Birmingham, West Midlands B31 1PW

GUIDE PRICE- £63,000 +

A FREEHOLD COMMERCIAL - Vacant possession upon completion 

 

 

Property Description

Commercial premises currently occupied trading as a dessert parlour. Recently fully refurbished to a very high standard and rewired. Including a large open kitchen area, toilet and storage room. The property is available with parking at the front.

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.

 

Energy Performance Rating

See Legal Pack

 

Auctioneers Note

The deposit for exchange of contracts on this property is 5% subject to a minimum of £5,000.

The completion period for this property is 8 weeks (56 days)

 

Starting Bid and Reserve Price

*The Reserve Price is the minimum price at which the auctioneer is authorised to sell the lot at auction which is generally no more than 10% in excess of the guide price. The lot may be sold to the highest bidder at or above the Reserve Price but the auctioneer is not authorised to accept a bid below the Reserve Price. Reserve prices are subject to change up to the date of the auction. Please note that Lots may be withdrawn prior to the end of auction

 

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm’s employment has the

No floor plan added.
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