FGRs 5, 30 & 45 Gibbs Hill Road, Birmingham, West Midlands, B31 3NY

Property Details: • Type: Land • 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 = £18,000 - £22,000

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

This Lot now comprises of only 3 Freehold Ground Rents as the FGR for 46 Gibbs Hill Road is excluded from the sale due to purchase by the Lessee. The Guide Price has been reduced accordingly to a range of £18,000 - £22,000

Property Description: A Portfolio of Freehold Ground Rents, secured upon three terraced houses of brick construction with pitched tile clad roofs, located in Gibbs Hill Road which leads via Tomlan Road off Redhill Road, forming part of an established residential area situated approximately 1 mile to the south east of Longbridge Town Centre.

Lease Information Each property is subject to a long lease for a term of 99 years which expires on 25th March 2062, each paying a current Ground Rent of £28 (No.5) & £29 (Nos. 30 & 45) per annum.

Total Current Ground Rent Income: £86 per annum.

Freehold Land Registry Title No. WM217769

Legal Documents: Available at Viewings: Not Applicable.

The Buyers Administration Fee for this Lot will be £650 including VatBrochuresFull CatalogueGeneral ConditionsViewing TimesImportant NoticesCommon Auction ConditionsBuyers Guide to AuctionLegal Documents