Lot 42
The Old Chapel
St. Pauls Square, Birmingham, West Midlands, B3 1QS
£30,000+
Guide Price (plus fees)
A Freehold Ground Rent Investment Secured Upon Fourteen Self-Contained Flats and an Electricity Sub Station Producing £2,100 per annum.
Description
Location
| Column 1 | Column 2 | Column 3 |
|---|---|---|
| Property | Lease | Annual Rent |
| Apartment 1 | 150 years from 06/12/2003 | £150 (rising) |
| Apartment 2 | 150 years from 06/12/2003 | £150 (rising) |
| Apartment 3 | 150 years from 11/06/2004 | £150 (rising) |
| Apartment 4 | 150 years from 06/12/2003 | £150 (rising) |
| Apartment 5 | 150 years from 30/01/2004 | £150 (rising) |
| Apartment 6 | 99 years from 25/03/1968 (48 years unexpired) | £150 (rising) |
| Apartment 7 | 150 years from 06/12/2003 | £150 (rising) |
| Apartment 8 | 150 years from 06/12/2003 | £150 (rising) |
| Apartment 9 | 150 years from 06/12/2003 | £150 (rising) |
| Apartment 10 | 150 years from 06/12/2003 | £150 (rising) |
| Apartment 11 | 150 years from 06/12/2003 | £150 (rising) |
| Apartment 12 | 150 years from 06/12/2003 | £150 (rising) |
| Apartment 13 | 99 years from 1/4/2020 | £150 (rising) |
| Apartment 14 | 99 years from 1/4/2020 | £150 (rising) |
| Electric Sub Station | 99 years from 20/03/1980 (59 years unexpired) | Peppercorn |
Additional Fees and Disclaimer
Administration charge: £1,200 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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. 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.
Enquire about The Old Chapel, St. Pauls Square, Birmingham, West Midlands, B3 1QS
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