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195
195-199 Station Road, Stechford, Birmingham, B33 8BB
£550,000
195-199 Station Road, Stechford, Birmingham, B33 8BB
£550,000
Our Summary
- For Sale By Public Auction on 10 July 2025 starting at 08:30 AM - A Freehold Mixed Use Investment Property Comprising Two Retail Units, 4 Three bedroom Flats, Rear Garage Block and Gated Car Parking
- Pre-auction OffersPlease note that offers in excess of the guide price may be considered prior to the Auction Sale
- Live-streamed AuctionPlease note that the Auction will be livestreamed via our website
- You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction
Description
This freehold mixed-use investment property is up for public auction on July 10, 2025, starting at 8:30 AM. The property consists of two retail units, four three-bedroom flats, a rear garage block, and gated car parking. The retail units are let to a tenant at a passing rent of £25,000 per annum, while the storage bays are also included in the current lease. The four flats are let on assured shorthold tenancies, generating a total annual rental income of £60,220. The property is located in an established local shopping parade near Stechford Leisure Centre, Railway Station, and Heartlands Hospital. The property has a unique energy performance rating and is being sold freehold, with no VAT applicable. Potential buyers can view the property and participate in the live-streamed auction remotely via proxy, telephone, or online, with pre-registration required by 3 pm the day prior to the auction.