45 High Street Harborne Birmingham B17 9NT

45 High Street
Harborne
Birmingham
B17 9NT

Freehold Retail and Residential Investment

  • Retail unit with self-contained flat above
  • High Street location just 1 mile from the University of Birmingham
  • Opposite Marks & Spencer Simply Food
  • Other nearby occupiers include Café Rouge, Halifax and Bensons For Beds
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    61
  • Auction
    11th February 2016
  • Rent
    £20,230 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Joint LPA Receivers
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail and Residential Investment

  • Retail unit with self-contained flat above
  • High Street location just 1 mile from the University of Birmingham
  • Opposite Marks & Spencer Simply Food
  • Other nearby occupiers include Café Rouge, Halifax and Bensons For Beds
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 61
  • Auction 11th February 2016
  • Rent
  • Status Sold Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Joint LPA Receivers

Property Information

Location
Miles
4 miles south-west of Birmingham, 7 miles south-east of Dudley, 23 miles north-east of Worcester
Roads
A4040, A38, M5 (Junction 3)
Rail
University (Birmingham)
Air
Birmingham International Airport
Situation

The property is situated in the popular student area of Harborne, 4 miles south-west of Birmingham city centre and 1 mile north-west of The University of Birmingham. The property is located opposite Marks & Spencer Simply Food at the eastern end of the High Street, close to its junction with Station Road. Other nearby occupiers include Café Rouge, Halifax and Bensons for Beds.

Tenure

Freehold.

Location
Miles
4 miles south-west of Birmingham, 7 miles south-east of Dudley, 23 miles north-east of Worcester
Roads
A4040, A38, M5 (Junction 3)
Rail
University (Birmingham)
Air
Birmingham International Airport
Situation

The property is situated in the popular student area of Harborne, 4 miles south-west of Birmingham city centre and 1 mile north-west of The University of Birmingham. The property is located opposite Marks & Spencer Simply Food at the eastern end of the High Street, close to its junction with Station Road. Other nearby occupiers include Café Rouge, Halifax and Bensons for Beds.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with a self-contained one bedroom maisonette arranged over first and second floors. The maisonette is accessed via a private rear entrance and benefits from a patio garden.

Six Week Completion

Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit with a self-contained one bedroom maisonette arranged over first and second floors. The maisonette is accessed via a private rear entrance and benefits from a patio garden.

Six Week Completion

Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
Ground Retail
43.19 sq m
(465 sq ft)
LOLA’S CLOSET LTD 5 years from 24/03/2014 until
23/03/2019 on a full repairing
and insuring lease (1)
£14,000 24/03/2017
First/Second Residential
1 Bedroom Maisonette
WHITTLE ESTATES
AND PROPERTY
SERVICES LTD
7 months from 20/07/2015 £6,230.40 (19/02/2016)
(2)
Total Commercial Area  
43.19 sq m
(465 sq ft)
    £20,230.40 (2)

(1) The lease provides a tenant option to determine on 24/03/2017
(2) The tenant of the residential flat has served notice and will vacate the property at the end of the lease. Another party has shown interest in taking a new lease at £650 pcm (£7,800 p.a). Please refer to the legal pack for further information.

Property Documents

  • Site Plan
    Updated Date
    30.10.19
    File Size
    53 KB
    View PDF
  • Catalogue Page
    Updated Date
    30.10.19
    File Size
    517 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
DLA Piper LLP Victoria Square House, Victoria Square
Birmingham
B2 4DL
Charlotte Duce 0121 262 5648charlotte.duce@dlapiper.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now