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COMMERCIAL

Beoley Road West, Redditch

Guide Price
£350,000
Smart Homes Ltd, Shirley
PROPERTY TYPE

Pub

BEDROOMS

7

BATHROOMS

3

SIZE

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Key features

  • For Sale by Modern Auction – T&C’s Apply
  • Subject to Reserve Price - Buyers Fee's Apply
  • A Rare Opportunity to Purchase a Detached Public House
  • 7 Bedsitting Rooms Renting at Circa £42,000 Per Annum
  • Public Bar Room & Snooker Room
  • Male & Female Toilets
  • Planning Permission for Conversion of a Rear Function Room to a 2 Bedroom Apartment
  • Front Seating Terrace
  • Freehold
  • Situated in a Most Convenient Location

Description

MODERN AUCTION PROPERTY - T&C's and Buyers Fees Apply.  A rare opportunity to buy a detached public house in a popular location. Benefiting from a public bar room, snooker room and male and female toilets. There are 7 rented bedsitting rooms totally circa £42,000 per annum and planning consent for conversion of a rear function room to a two bedroom apartment. The accommodation is completed by a front seating terrace

Tenure

We are advised by the vendor that the property is freehold, but are awaiting confirmation from the vendor's solicitor. We would advise all interested parties to obtain verification through their own solicitor or legal representative

PROPERTY MISDESCRIPTIONS ACT

SMART HOMES have not tested any equipment, fixtures, fittings or services mentioned and do not by these Particulars or otherwise verify or warrant that they are in working order.  All measurements listed are given as an approximate guide and must be carefully checked by and verified by any Prospective Purchaser. These particulars form no part of any sale contract.  Any Prospective Purchaser should obtain verification of all legal and factual matters and information from their Solicitor, Licensed Conveyancer or Surveyors as appropriate.

Auctioneer Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, Brookvale Auctions
 
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
 
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee, this being £10,000.00 plus VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with Brookvale Auctions and provide proof of how the purchase would be funded.
 
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
 
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

 
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
 
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Beoley Road West, Redditch

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Redditch Station0.7 miles
  • Alvechurch Station3.2 miles
  • Wood End Station4.4 miles
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About Smart Homes Ltd, Shirley

316 Stratford Road Shirley Solihull B90 3DN
Industry affiliations:

Multi-award-winning estate agents

It's really important to us that our customers know they can trust us - to deliver regular communication and exceptional service, with a proactive approach and an enthusiastic attitude.

And what better way to prove how reliable we are than to win awards - based entirely on customer feedback.

smarthomes' customers, who have instructed us in the past, have passed on their feedback to the UK's largest property review website - Allagents.co.uk. We have won over 20 awards in the last 3 years which allows us to say with confidence that we're the agent to help you.

Whether you're selling your first home, upsizing, or downsizing our friendly knowledgeable team will be there to help you every step of the way.

Move home the smart way with smart homes.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference S1407695. 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 Smart Homes Ltd, Shirley. 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 Smart Homes Ltd, Shirley on 01202 145410.

*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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