Property Details: • Type: Shop • Tenure: N/A • Floor Area: N/A

Key Features:

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: Cavendish House, 359-361 Hagley Road, Edgbaston, Birmingham, B17 8DL

Full Description: Guide Price = £70,000 - £78,000

Property for auction on 9th July at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT

The tenant has emailed Cottons, who act as managing agents for the landlord on 27 June 2025, giving notice of their intention to vacate the property on 26/10/2025. No formal response has been given to the tenant in respect of this notice and all interested parties bid for this property, fully aware of this correspondence, a redacted copy of which is contained within the legal documents.

Property Description: A two storey, mid of terraced investment property comprising a ground floor retail premises and a first floor flat which is subject to a long leasehold interest. The property is of brick construction surmounted by a pitched slate roof, constructed circa. 1930 and is set back from the road behind a paved forecourt, forming part of a neighbourhood parade of similar retail units in a predominantly residential area, located via Chipperfield Road off Coleshill Road (B4114), approximately 4 miles east of the City Centre.

Tenancy Information Ground-Floor Shop: A lock-up shop premises let on a lease for a term of 10 years from 25th March 2014 originally to Lloyds Pharmacy Ltd and now occupied by way of an assignment dated 10 December 2018 to Jhoots Chemist Ltd paying a rent of £5,500 per annum.

First Floor Flat (6A Ermington Crescent): Subject to a long lease commencing on 25 March 1989 at a current ground rent of £60 per annum, rising in 2055 to £90 per annum for the remainder of the term.

Accommodation Ground Floor Shop/Retail Area: 41.89 sq.m (451 sq.ft.), Kitchen: 5.48 sq.m.(59 sq ft.), Toilet with W.C.

First Floor Not Applicable.

Outside: Front: Forecourt proving customer car parking. Rear: Yard/Garden with rear access from Chipperfield Road.

EPC Rating: C (67)

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