This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

Retail Property (high street) for sale

High Street, Erdington, Birmingham, West Midlands, B23 6RH

Guide Price* £860,000

Property Description

Full description

Tenure: Freehold

Guide Price = £830,000 - £860,000

Unsold, but is available at £850,000

Property for auction on 19th October at 11:00 10 High Street (Pizza Shop). The Rental income is £10,400 and not state £12,480 per annum as stated in the catalogue.

Property Description:
An excellent Investment/Redevelopment opportunity comprising a parade of five Retail Shops with accommodation over, prominently situated fronting the High Street, occupying a rectangular shaped site, extending to a site area of approximately 0.38 acres (0.15 hectares) and including a range of single storey workshop premises to the rear.

The properties are of predominantly three storey traditional brick construction, surmounted by a pitched slate clad roofs. Two retail shops and one flat are currently let and the remainder of the building is vacant, requiring refurbishment and renovation throughout. The property is situated adjacent to a large vacant site containing a former car dealership and a furniture retail store and it is understood this site is earmarked for redevelopment.

Erdington comprises of a residential suburb located approximately three miles to the north of Birmingham City Centre, with a vibrant Town Centre and a densely populated residential catchment area and the properties are located to the northern section of the town centre with High Street (A5127) being the main arterial route linking Sutton Coldfield to Birmingham City Centre and providing a high level of passing trade from both local residents and commuters.

Tenancy Information:
10 High Street (Retail Shop): trading as a Pizza Restaurant and Takeaway, let on a lease expiring in February 2019, at a rental of £10,400 per annum.

14A High Street (Flat): let on an Assured Shorthold Tenancy at a rental of £600 per calendar month (£7,200 per annum, inclusive of bills).

16 High Street (Retail Shop): trading as a Newsagents, holding over at a rental £4,500 per annum.

Various parts of the property have not been inspected by the Auctioneers and we have relied on the accommodation details and dimensions stated on the Valuation Office Agency (VOA) Website.

8 High Street
Ground Floor: Retail Shop, Kitchen.

First Floor: Office, Storage, Staff Toilets.

Second Floor:Two Offices.

Net Internal Area: 143.4 sq.mtrs. (1,543 sq ft)
10 High Street
Ground Floor: Pizza Restaurant and Takeaway, Kitchen/Preparation Room, Rear Preparation Room including Cloakroom and wc.

Net Internal Area: 72.67 sq m (782 sq ft)

Flat 10A High Street
First Floor: Entrance Hall, Stairs and Landing, Lounge, Bedroom One, Kitchen (no fitments), Two Shower Rooms with wc's.

Second Floor: Stairs and Landing, Three Bedrooms.

12 High Street
Ground Floor: Retail Shop, Shop/Office, Middle Office, Rear Office with toilet and wc.
Net Internal Area: 36.87 sq m (396 sq ft)

12B High Street - Ground Floor Flat: Hallway, Bed/ Sitting Room, Kitchen, Shower Room, Cloakroom with wc and wash basin.

Rear Of 12 High Street: Workshop/Store
Net Internal Area: 63.1 sq m (679 sq ft)

12A High Street - First Floor Flat: Entrance Hall, Stairs and Landing, Lounge, Cloakroom with wc and wash basin, Bedroom One.

Second Floor: Stairs and Landing, Three Bedrooms.

14 High Street
Ground Floor: Retail Shop with Kitchen: 52.5 sq m (565 sq ft)

Flat 14A High Street
First Floor: Private Entrance off High Street, Stairs and Landing, Lounge, Kitchen, Bathroom with bath, wash basin and wc.
Second Floor: Stairs and Landing, Three Bedrooms.

16 High Street
Ground Floor: Retail Shop with Storage.
First Floor: Internal Storage
Net Internal Area: 97.8 sq m (1,052 sq ft)

Rear: Vehicular access directly off High Street with passageway to rear car parking area, gardens and additional land containing several dilapidated buildings.

Total Site Area: 0.38 Acres (0.15 Hectares)

Legal Documents: Available at

Viewings: Via Cottons - 0121 247 2233

Map & Street View

Disclaimer - Property reference 64680. The information displayed about this property comprises a property advertisement. 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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

*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.”

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 247 2233.

Map data OpenStreetMap contributors.