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12/12/2024

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EXCITING INVESTMENT OPPORTUNITY

Lot 44

Stuart House, Garretts Green Trading Estate, Valepits Road, Birmingham B33 0TD

Photo of Stuart House, Garretts Green Trading Estate, Valepits Road, Birmingham B33 0TD
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EXCITING INVESTMENT OPPORTUNITY

Lot 44

This interesting investment comprises of an industrial unit fronted by two storey offices situated on an established industrial estate. The property is occupied by multi-users on predominately threeyear leases and the building is currently producing a gross rental income of 90,265 pa of which there will be reductions for rates and ground rent. There is also one further vacant office that can add to the income once let. We understand that there are no rent arrears and all tenants are fully trading. The property offers an excellent investment opportunity and offers approximately 4660 sq ft of overall space.

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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