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1869 Pershore Road, Cotteridge, Birmingham, Birmingham, B30 3DJ

Guide Price
£175,000
Cottons, Auctions
PROPERTY TYPE

Retail Property (high street)

BEDROOMS

2

SIZE

Ask agent

Description

Guide Price = £160,000 - £175,000

Property for auction on 22nd April at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT

A prominently located mixed-use investment property comprising of a cafe and restaurant premises to the ground floor, along with a self-contained flat to the first and second floors over situated fronting Pershore Road (A441) and forming part of the busy Cotteridge Shopping Centre, benefiting from a high volume of pedestrian and the vehicular passing trade.

The property is mid-terraced and of three-story traditional brick construction, surmounted by a pitched, tile-clad roof, and each part is separately metered with the Flat accommodation benefiting from UPVC double glazed windows, and gas-fired central heating. Cotteridge comprises a popular residential suburb situated neighbouring Bournville and is located approximately five miles to the south of Birmingham Centre and within 300 metres of Kings, Norton Railway Station, providing excellent commuting to the City Centre.

Tenancy Information:
1869 Pershore Road (Caf): Let on a lease expiring in 2027, at a rental of £650 per calendar month (£7,800 per annum)
1869A Pershore Road (Flat): Let on an assured short-hold tenancy at a rental of £675 per calendar month (£8,100 per annum)
Total Rental Income: £1,325 pounds per calendar month, (£15,900 per annum).
Note: the landlord advises that rents have not been reviewed for at least four years and the rental income could be significantly improved.

Accommodation:
Ground Floor:
1869 Pershore Road (Caf):
Seating Area with servery: 20.73 sq m (223 sq ft),

Rear Seating Area: 13.75 sq m (148 sq ft), Customer Toilet with wc and wash basin, Lobby and Kitchen: 8.77 sq m (94 sq ft) with store
1869A Pershore Road (Flat):
Shared pedestrian entry access to External Stairs to first floor.
First Floor:
Dining kitchen: 4.10m x 3.04m with range of modern kitchen units and store cupboard, Lounge: 4.63m x 4.10m with bay window
Second Floor:
Stairs and landing, Bedroom One: 4.10m 3.66m, Bedroom Two: 3.15m x 2.53m, Bathroom: 2.22m x 1.47m with panel bath and shower over, wash basin and wc.
Outside:
Paved yard, brick store and lawned garden.

Council Tax: Currently included as accommodation with the Cafe in the Rating Assessment.

EPC Rating:
1869 Pershore Road (Caf): D (98)
1869A Pershore Road (Flat): D (57)

Legal Documents:
Available at

Viewings: Refer to viewing schedule online.

Brochures

General ConditionsViewing TimesImportant NoticesCommon Auction ConditionsBuyers Guide to AuctionLegal Documents

1869 Pershore Road, Cotteridge, Birmingham, Birmingham, B30 3DJ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kings Norton Station0.3 miles
  • Bournville Station0.7 miles
  • Northfield Station1.6 miles
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About Cottons, Auctions

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

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.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 338006. 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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