Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: N/A
Key Features: • Investment Property • In need of modernisation • View more: underthehammer.com
Location: • Nearest Station: Winson Green Outer Circle Tram Stop • Distance to Station: 0.8 miles
Agent Information: • Address: 61 Charlotte Street, St Pauls Square, Birmingham, B3 1PX
Full Description: For Sale by under the hammer online auction. Thursday 20th - Thursday 20th February 2025 - Head over to our website to download the legal pack, register to bid and see more information.A freehold mixed use property located on the highly sought after Dudley Road with potential rental income £34,800 pa The ground floor is currently let at £1400PCM (£16,800 Per Annum) with a rent review in place for October 2025. The retail shop is laid out as a main retail area, two treatments rooms, kitchen and bathroom. The property has a separate access for the flat above which will be sold with vacant possession, the flat has an expansive lounge, kitchen, bathroom and two bedrooms. It has a potential rental income of £12,000 pa or £18,000 pa if divided in to two flats The flat located above has the potential to be converted into multiple smaller flats, which can be a great way to maximise space and rental income. However, this kind of conversion is subject to obtaining the necessary planning permissions from the local authorities. To the rear of the property is a gated access suitable for loading into the rear of the shop. The upstairs sections of the property are currently in need of refurbishment and surrounded by well presented properties, having huge upward potential for someone looking to add value or create multiple residential units. (subject to planning). Here's what to do nextVisit - Our website and view the auction terms.View - Book a viewing directly through our website.Register - Get registered prior to the auction opening date.Legal Pack - Download and view the legal pack to find out all the relevant information.Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.Bidding - Everything is completed online through the website and the intuitive bidding controls.If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our websiteBrochuresLegal PackRegister to bidEnergy Performance CertificatesEPC 1
