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Ground Rents, 27 Valley Road & Substation, 68 & 96 Bankside Crescent, Streetly, Sutton Coldfield, B74 2JE

Guide Price
£38,000
Cottons, Auctions
PROPERTY TYPE

Land

SIZE

Ask agent

Description

Guide Price = £32,000 - £38,000

Property for auction on 15th July at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT

This Lot now comprises of only 3 Freehold Ground Rents and 1 Substation as the Head Leasehold for 45 Bonsall Road is excluded from the sale. The Substation in Valley Road is subject to a Lease expiring on 23rd June 2059 and not 25/12/2031.

A Portfolio of Freehold Ground Rents, secured upon One Detached House, Two Semi Detached Houses and an Electricity Substation located in Valley Road and Bankside Crescent in Streetly, Sutton Coldfield.

Lease Information
27 Valley Road, Streetly, B74 2JE - Lease Term: 99 years from 24.6.1961 with Ground Rent of £15 per annum.

Substation, Valley Road, Streetly, B74 2JE - Subject to a Lease expiring on 3rd June 2059 at a Peppercorn Rent.

68 Bankside Crescent, Streetly, B74 2JA - Lease Term: 99 years from 24.6.1961 with Ground Rent of £25 per annum.

96 Bankside Crescent, Streetly, B74 2JA - Lease Term: 99 years from 24.6.1959 with Ground Rent of £15 per annum.

Total Current Ground Rent Income: £55.00 per annum.

Legal Documents:
Available at

Viewings: Not Applicable.

Brochures

General ConditionsViewing TimesImportant NoticesCommon Auction ConditionsBuyers Guide to AuctionOffer FormLegal Documents

Ground Rents, 27 Valley Road & Substation, 68 & 96 Bankside Crescent, Streetly, Sutton Coldfield, B74 2JE

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Butlers Lane Station2.3 miles
  • Four Oaks Station2.4 miles
  • Sutton Coldfield Station2.7 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 353594. 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.”