FGR's, 65, 67, 69 & 71 Broad Road, Birmingham, West Midlands, B27 7UX
- PROPERTY TYPE
Land
- SIZE
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Description
Property for auction on 15th July at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT
A Freehold Ground Rent investment opportunity secured upon four maisonettes contained within a two storey development of brick construction with pitched tile clad roof, set back from the road behind a foregardens and prominently situated at the junction with Westley Road.
The development forms part of an established residential area located approximately 500m to the west of Acocks Green shopping centre.
Leasehold Information
65 Broad Road & Garage: Subject to a long lease for a term of 149 years from 29/9/2015 paying a peppercorn ground rent
67 Broad Road & Garage: Subject to a long lease for a term of 145 years from 25.03.2021 paying a current ground rent of £100 per annum, doubling every 25 years.
69 Broad Road: Subject to a long lease for a term of 189 years from 29.9.1974 paying a fixed ground rent of £100 per annum.
71 Broad Road: Subject to a long lease for a term of 145 years from 18 July 2019 paying a peppercorn ground rent
Total Current Ground Rent Income: £200 per annum.
Note: Notices under Section 5B of the Landlord and Tenant Act 1987 have been served on all Lessees a copy of which will be contained within the legal pack.
Legal Documents
Available via
Viewings
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Brochures
General ConditionsViewing TimesImportant NoticesCommon Auction ConditionsBuyers Guide to AuctionOffer FormLegal DocumentsFGR's, 65, 67, 69 & 71 Broad Road, Birmingham, West Midlands, B27 7UX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Spring Road Station0.3 miles
- Acocks Green Station0.6 miles
- Tyseley Station0.7 miles
Notes
Disclaimer - Property reference 353801. 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.”