169 High Street, Harborne, Birmingham, B17 9QE

Freehold vacant retail property in Harborne

Guide price*

£295,000+

Plus fees

Sold for £390,000

Lot 116 Commercial Vacant
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Auction details:

Thursday 24th October 2024 @ 08:30AM

A Vacant Freehold Prime Retail property with upper floor, having planning permission for self contained flat within busy High Street location.

Property Description

The property comprises an attractive two storey mid terraced retail unit, having a ground floor sales area with a Disabled WC with rear additional sales/ancillary and another WC. Additional ancillary space is provided at first floor with staff facilities and a WC. There is a small yard at the rear.

Location

Harborne is one of Birmingham’s most affluent residential areas with the Queen Elizabeth Hospital and Birmingham University close by.
The property occupies a prominent and busy location directly opposite Waitrose and close to Oliver Bonas, Waterstones, Caffe Nero, and Johnson Cleaners.
There is street parking to the front and several car parks close by.
Other retailers represented include Marks & Spencer Simply Food, Sainsburys Local, Boots, Greggs, Home Bargains, Specsavers, and W H Smith.
There is a thriving evening trade and café culture with Costa, Arco Lounge Bar, Pizza Express, Giggling Squid, and Slug & Lettuce all represented.

Energy Performance Rating

B.

Tenure

Freehold – Vacant possession upon completion.

Planning

Planning consent was granted on 28/3/24 for change of use of first and second floors from commercial space to 1no. self-contained flat, installation of new shop front and erection of dormer window to rear.
Further details of the application can be found on Birmingham City Council website

Auctioneer's Note

Please note offers may be considered prior to the Auction Sale.

Viewings

Strictly by appointment with the Auctioneers.

Accommodation

The property comprises of the following approximate areas and dimensions:-
Unit Sq.m. Sq.ft.
Internal Width (Front): 15'7" 4.75m
Built Depth 86'8" 26.4m
Ground Floor Sales: 824 sq.ft. 77 sq.m.
Rear Sales/Ancillary: 437 sq.ft. 41 sq.m.
Total Ground Floor 1,261 sq.ft. 117 sq.m.
First Floor Ancillary: 639 sq.ft 59 sq.m.
Nicholas Brett & Co
DISCLAIMER

Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

LIVE-STREAMED AUCTION

Please 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. Please click here for further details.

*DEFINITION OF GUIDE & RESERVE PRICE

All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

COSTS AT AUCTION

When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding.  They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £2,160 inc VAT (£1,800.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.  Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

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