369-373 Stockfield Road, Yardley, Birmingham, West Midlands, B25 8JP
- PROPERTY TYPE
Mixed Use
- BEDROOMS
3
- BATHROOMS
3
- SIZE
Ask agent
Description
Property for auction on 9th September at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT
A freehold investment opportunity prominently situated at the junction of Stockfield Road and Waterloo Road and of two storey brick construction surmounted by a pitched tile clad roof, comprising a barber shop, estate agents offices, a cafe and three self contained flats. The property benefits from part UPVC double glazed windows and is long established as an investment.
Tenancy Information
Number 369: Let as a gents hairdressers on a Licence at a rent of £300 pcm (£3,600 per annum)
Flat 369: Let on an Assured Periodic Tenancy at a rental of £350 pcm (£4,200 per annum)
Number 371: Let as an Estate Agent Office on a Licence at a rental of £400 pcm (£4,800 per annum)
Flat 371: Let on an Assured Periodic Tenancy at a rental of £475 pcm (£5,700 per annum)
Number 373: Let as a Cafe on a Licence at a rental of £500 pcm (£6,000 per annum)
Flat 373: Let on an Assured Periodic Tenancy at a rental of £695 pcm (£8,340 per annum)
Total Rental Income: £32,640 per annum
Accommodation:
Ground Floor
Number 369
Turkish Barber Shop: 11.46sq.m (123 sp.ft), Staff Room: 8.38sq.m (90 sq.ft), Toilet with WC and wash basin.
Number 371
Estates Agents Office: 16.39sq.m (176 sq.ft) with Entrance Lobby, Rear Office: 10.58sq.m (114 sq.ft), Store Room: 7.65sq.m (82 sq.ft) including toilet, WC and wash basin, Rear Hallway, Outside: enclosed rear yard with outside toilet and right of way over 367 Stockfield Road.
Number 373
Cafe premises: 32.06sq.m (345 sq.ft) with approximately 18 covers, preparation and serving
area, Lobby, Kitchen: 18.53sq.m (199 sq.ft), Toilet with WC and wash basin, Outside: Small Yard Area
Flat Accommodation:
Gated pedestrian access off Stockfield Road to external stairs
Flat 369
Studio Flat with Kitchen: 3.51m x 2.31m (approximately), Inner Hall, Shower Room: 1.85m x 1.79m with glazed shower enclosure, pedestal wash basin and WC, Bed/living room: 4.3m x 3.23m, Heating: Independent Gas Fire
Flat 371
Kitchen: 3.12m x 3.12m, passage way to Shower Room: 2.18m x 1.83m (max) with glazed shower enclosure, pedestal wash basin, WC, Lounge: 3.27m x 2.51m (approximately), Bedroom: 3.96m x 3.20m, Heating: Electric Storage Heating
Flat 373
Kitchen: 3.12m x 3.11m, Lobby to Bathroom: 3.14m x 1.71m with panelled bath, electric shower over pedestal wash basin, Dining Area/Study: 2.62m x 1.98m (minimum) separate Toilet with WC, Lounge: 3.96m x 3.22m (approximately), Bedroom: 4.27m x 3.18m, Heating: Gas Fired Central Heating
Council Tax Band Flat 369: A, Flat 371: A, Flat 373: A
EPC Rating 369: B, 371: D, 373: C, Flat 369: E, Flat 371: C, Flat 373: C
Legal Documents
Available at
Note: The property is held on two separate Land Registry titles
Viewings: Via Cottons
Brochures
General ConditionsViewing TimesImportant NoticesCommon Auction ConditionsBuyers Guide to AuctionOffer FormLegal Documents369-373 Stockfield Road, Yardley, Birmingham, West Midlands, B25 8JP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Acocks Green Station0.7 miles
- Tyseley Station0.8 miles
- Spring Road Station1.2 miles
Notes
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*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.”