Lot 46
Mixed Use - Commercial Property
198 High Street
West Bromwich, West Midlands, B70 7QS
Unsold, the last bid was £260,000. Please refer to Auctioneer for Reserve
A Mixed Use Investment Producing £26,940 per annum
Description
Location
Tenure (2nd Column)
Description (2nd Column)
Viewing Details
Wednesday 28th November 12:00 - 12:30
Monday 3rd December 12:00 - 12:30
Wednesday 5th December 12:00 - 12:30
Monday 10th December 12:00 - 12:30
Accommodation & Tenancy Schedule
Property | Floor | Accommodation | Tenancy Details | Current Annual Rent |
---|---|---|---|---|
Shop | Ground | Shop Area | Let on a 15 year FRI Lease from 5th August 2016 with three yearly rent reviews and a break clause at year 10 (with 6 months notice). | £14,400 |
Duplex Flat | First & Second |
Four Bedroom Maisonette | Let on an 12 month AST from 22nd September 2015 at a rent of £1,045 pcm (Holding Over) | £12,540 |
Additional Fees and Disclaimer
Administration charge: £1,500 including VAT unless otherwise stated in the addendum.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.
Similar Properties
Enquire about 198 High Street, Princess Parade, West Bromwich, West Midlands, B70 7QS
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