173 & 175, Hagley Road, Edgbaston Birmingham B16 8UQ

Birmingham, West Midlands B16 8UQ

£15,000

 |  1174 Sq Ft

Property Information

 

FREEHOLD FOR SALE – WILL LET 

TWO LOCK UP SHOPS COULD COMBINE

Each Unit Ground Floor

587 sq ft/ 54.53 sq m net

Total Net Floor Area

1,174 sq ft / 109.07 sq m net

LOCATION 

Prominently situated on the A456 close to the Monument Road junction by the IVY BUSH PUB.

DESCRIPTION

Comprising a pair of lock-up shop units within a Grade II listed building, with rear pedestrian right of way, from Monument Road.

If sold each shop has a self-contained two bed flat above.

Advantages include;

  • Highly prominent position,
  • Opposite Vicarage Road & Chad Road.
  • Easy parking at the above
  • Toilet and kitchenette facilities.
  • Dry basement storage in both units
  • Ready for shop fitting
  • Allowance given towards shop fitting

ACCOMMODATION

173, Ground Floor :

Front Sales  29’ 6” x 12’ 5”  = 364 sq ft

Rear Sales 18’ 7” x 8’ 3”  = 152 sq ft

Basement :   not measured

Kitchenette 10’9” max x 9’ 5”  =  71 sq ft

Toilet

 

TOTAL :     587 sq ft     54.53 sq m

 

175, Ground Floor – centrally heated

Front Sales  21’ 7” x 13’ 0”  = 279 sq ft

Basement :   not measured

Rear Sales 18’ 6” x 11’ 4” min  = 209 sq ft

Lobby : 7’ x 7’ 9”                        =    54 sq ft

Kitchenette 4’10” x 9’ 6”  =    45 sq ft

Ariston gas fired boiler,  Two Toilets

 

TOTAL :     587 sq ft     54.53 sq m

 

UTILITIES

Mains electricity, gas ( In 175 only ) water

and drainage are connected.

RATING

( 173 ) Rateable Value 2023 : £10,000

Rates Payable 25/26 £ 5,000.00 pa.  Less any

Small Business Rates Relief which may be applicable, PERHAPS £0.00 pa payable.

( 175 ) Rateable Value 2023 : £9,600

Rates Payable 25/26 £ 4,800.00 pa.  Less any

Small Business Rates Relief which may be applicable, PERHAPS £0.00 pa payable.

TENURE :

Each unit to be let on a new, six year effective  full repairing and insuring lease at £ 15,000 pa, subject to 3 yearly upward only review by reference to RPI increases if any, with the ingoing lessee to be responsible for the lessors reasonable legal costs.

 

EPC RATING

No 173 : E ( 125 ) – further details available upon request.

.

No 175 : : D ( 95 )  ~ further details available upon request.

 

VIEWING: Viewing by appointment with the agents.

 

PRICE :  £330,000 per freehold shop and flat.

VAT : VAT is not applicable.

 

I.D checks plus AML rules

Legally we must conduct identity and Anti-money Laundering checks and gather information about every buyer. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards.

We will start these checks once terms have been provisionally agreed on a property. The cost is £28 (including VAT) per property transaction. This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring.

 

NOTICE

 

LEON SHUTKEVER & CO Ltd as agents for the vendor and for themselves, give notice that;

 

  1. These particulars do not constitute an offer, or contract, or any part thereof and none of the statements contained in the particulars as to the property is to be relied on as a statement or representation of fact.

 

  1. An intending purchaser MUST satisfy himself by inspection or otherwise, as to the accuracy of the statements herein.   Such statements are made in good faith but without responsibility on the part of Leon Shutkever & Co   Ltd or the vendor.

 

  1. The vendor does not make or give, nor is Leon Shutkever & Co Ltd or their staff authorised to make or give any representation of warranty in respect of this property.

 

In the event of any inconsistency between these particulars and the Conditions of Sale, the latter shall prevail.

 

SUBJECT TO CONTRACT

 

The terms Vendor and Purchaser shall where the context requires be deemed to refer to Lessee and Lessor respectively.

Location