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COMMERCIAL

17 Church Square, Oldbury, West Midlands, B69 4DX

Guide Price
£450,000
Cottons, Auctions
PROPERTY TYPE

Commercial Property

BEDROOMS

8

SIZE

Ask agent

Key features

  • Freehold Part Vacant/Part Investment (Former Bank and 4 Two Bed Flats)

Description

Guide Price = £420,000 - £450,000

Property for auction on 22nd May at 13:00 at Avery Fields, 79 Sandon Rd, Birmingham B17 8DT - Public Auction including Live Stream & Telephone Bidding.

Property Description:
A substantial grade II listed three story property of brick construction surmounted by a tiled roof directly fronting the pavement. The property comprises of a former bank to the ground floor, rear second floor and basement and four x two bedroom flats to the first and second floors which were formally converted in 2021(Ref: DC/17/60574). The property is situated on the junction of Church Square and Birmingham Street and is located within the heart of Oldbury Town Centre which provides a wide range of shops and amenities. The former banking premises are currently vacant and the flats to the first and second floors of the main building are all currently let and a schedule of tenancies are detailed below.

Schedule of Tenancies
Former Banking Hall Vacant
Flat 23: Let on an Assured Shorthold Tenancy Agreement at £650 pcm (£7,800 pa)
Flat 23a: Let on an Assured Shorthold Tenancy Agreement at £695 pcm (£8,340 pa)
Flat 23b: Let on an Assured Shorthold Tenancy Agreement at £695 pcm (£8,340 pa)
Flat 23c: Let on an Assured Shorthold Tenancy Agreement at £695 pcm (£8,340 pa)
Total Rental: £2,735 pcm (£32,820 pa)


Accommodation:
Ground Floor
Former Bank: 153.23 sq.mtrs (1649 sq.ft), Main Banking Hall, Office x 3, Internal Corridor and Rear Lobby with access to stairs and side entrance
Basement: 127.06 sq.mtrs (1367 sq.ft), Inner Lobby and 6 rooms


First Floor
50.24 sq.mtrs (540 sq.ft) having Kitchen, Office, Male and Female WC's,

Flat Accommodation:
Ground Floor: communal entrance leading to stairs
First Floor
Flat 23: Lounge/Kitchen: (4.34x5.09m), Family Bathroom: (1.78x2.00m) having panelled bath with shower over, wash basin and WC, Bedroom 1: (2.95x3.05m), Bedroom 2: (2.46x3.55m)
Flat 23a: Lounge/Kitchen: (6.33x3.95m), Bedroom 1: (2.77x3.30m) with en-suite shower room having shower cubicle, wash basin and WC: (1.20x2.43m), Bedroom 2: (5.20x2.42m), Family Bathroom: (2.74x2.08m) having panelled bath, wash basin WC,
Second Floor
Flat 23b: Lounge/Kitchen: (2.87x5.74m), Bedroom 1: (3.03x3.21m) with en-suite shower room having shower cubicle, wash basin and WC: (1.16x2.26m), Bedroom 2: (4.41x1.87m), Family Bathroom having panelled bath, wash basin and WC: (1.67x2.17m)
Flat 23c: Lounge/Kitchen: (5.44x3.83m), Bedroom 1: (2.54x2.96m) with en-suite shower room having shower cubicle, wash basin and WC: (1.62x2.17m) , Bedroom 2: (2.96x4.20m) , Family Bathroom having panelled bath with shower over, wash basin and WC: (2.70x1.82m)

Council Tax Band For All Flats: A
EPC Rating Commissioned (Refer to Legal Pack)

Legal Documents Available at
Viewings Via Cottons

Brochures

General ConditionsViewing TimesImportant NoticesCommon Auction ConditionsBuyers Guide to AuctionLegal Documents

17 Church Square, Oldbury, West Midlands, B69 4DX

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sandwell & Dudley Station0.4 miles
  • Langley Green Station0.7 miles
  • Lodge Road, West Bromwich Town Hall Tram Stop1.2 miles

About the agent

Cottons, Auctions

Cavendish House, 359-361 Hagley Road, Edgbaston, Birmingham, B17 8DL

Cottons, Auctions

Cottons Chartered Surveyors – ‘The Property Specialists’

One of Birmingham’s longest standing property companies in existence for well in excess of 55 years and well established at providing a range of services including;

•Auctions – Cottons are one of the West Midlands largest property auctioneers with regular sale rooms taking place at Aston Villa Football Club.

•Residential Sales – Selling properties both within our local areas and across Birmingham. By being the only auc

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Notes

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Disclaimer - Property reference 245434. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cottons, Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Cottons, Auctions on 0121 387 6518.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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