395 Lodge Road, Hockley, Birmingham, West Midlands, B18 5PW
- PROPERTY TYPE
Cafe
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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Description
Sold for £125,000.
Property for auction on 12th July at 13:00 at Avery Fields, 79 Sandon Rd, Birmingham B17 8DT - Public Auction including Live Stream & Telephone Bidding.
Property Description:
A mid terraced three storey brick built property comprising of a ground floor hot food takeaway shop along with a self-contained flat to the first and second floors.
The property forms part of an established parade of retails shops within a mixed residential and commercial area and Lodge Road is located directly off Heaton Street close to the junction with Icknield Street (A4540) which forms part of Birmingham outer ring road.
Tenancy Information
Ground Floor: Trading as Platinum Spoon Seafood and Caribbean Takeaway, holding over on an lease which commenced 1st December 2013 at a rent of £6,000 per annum on Full Repairing and Insuring Terms.
Flat Accommodation: Let at a rental of £525 per calendar month (£6,600 per annum). The tenant has been in occupation for circa 8 years.
Total Rental Income: £12,600 p.a.
Accommodation:
Ground Floor
Takeaway and Serving Area: 12.93sq.mtrs (139sq.ft), Kitchen: 10.5sq.mtrs (112sq.ft), Lobby: 1.95sq.mtrs (21sq.ft), Toilet with wc and wash basin
First & Second Floor
Flat Accommodation: Pedestrian side access off Lodge Road, Entrance Hall, Stairs and Landing with store cupboard, Lounge, Bathroom with bath having shower over, wash basin and wc, Kitchen with pantry
Second Floor
Stairs and Landing, Double Bedroom
Legal Documents:
Available at
Viewings: Via Cottons
Brochures
Full CatalogueAddendumGeneral ConditionsViewing TimesImportant NoticesCommon Auction ConditionsBuyers Guide to Auction395 Lodge Road, Hockley, Birmingham, West Midlands, B18 5PW
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Jewellery Quarter Tram Stop0.2 miles
- St. Paul's Tram Stop0.6 miles
- Soho, Benson Road Tram Stop0.7 miles
Notes
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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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