6, 10 & 14 Hurst Lane North, Castle Bromwich, Birmingham, B36 0EU

For Sale By Public Auction on 15 May 2025 starting at 08:30 AM - A freehold retail investment property with residential accommodation over
Current gross income: £22,940 pa

The property comprises a retail premises with two flats above having access from the rear.

Accommodation
Ground Floor: Retail Area 606 sq.ft (56.30 sq.m.) approx.
First Floor: Flat 1 comprising Reception Room, Kitchen, Bedroom, Shower Room/WC.
Second Floor: Flat 2 comprising Reception Room, Kitchen, Bedroom, Shower Room/WC.

Energy Performance Rating
Commercial: Rating D & Residential: Rating C (all flats)

Tenure
Freehold Subject to the existing tenancies.

Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.

Auctioneer's Note
Please note that the completion period for this property is 6 weeks (42 days).
At the time of going to print, the Auctioneers were unable to inspect the property internally and therefore the accommodation details should not be relied upon.At the time of going to print, the Auctioneers were unable to inspect the property internally and therefore the accommodation details should not be relied upon.

Viewing Times
External viewings only.

Tenancy Details

Unit	Term	Rent	Tenant	Comments
6 Hurst Lane	01/10/2023 to 30/09/2029	£11,000 pa.	Savoy Tailors	Rent Review 01/10/2026
10 Hurst Lane	Periodic	£495 pcm	-	£5,940 per annum
14 Hurst Lane	Periodic	£495 pm	-	£5,940 per annum

Live-Streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.

Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.

*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. . If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information available on Bond Wolfe’s website), payable on the fall of the gavel/at the end of the online auction. Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’ on the Bond Wolfe website, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.