Auction House London

Lot 42

 

The Old Chapel

St. Pauls Square, Birmingham, West Midlands, B3 1QS

£30,000+

Guide Price

A Freehold Ground Rent Investment Secured Upon Fourteen Self-Contained Flats and an Electricity Sub Station Producing £2,100 per annum.

Description

The property comprises a former Chapel converted into 14 apartments and an electricity sub station.

Location

The properties are situated in the iconic Jewellery Quarter. Transport links are provided by Birmingham Snow Hill and Jewellery Quarter rail stations. City Centre Gardens are also within easy reach.

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

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.

View Details as PDFEnquire Now
Ground Rent for Sale - There are no internal viewings For further information, please register for the legal pack. For all enquiries, please contact Jamie Royston on jamie@auctionhouselondon.co.uk
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007

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