For Sale By Auction | 12:00, 06 May 2021 | Lot 92

Unit 533 Avix Business Centre, 42-46 Hagley Road, Birmingham, West Midlands, B16 8PE

Sold After

  • Office
  • Tenure: Leasehold. The property is held on a 100 year lease from 1st January 2014 (thus approximately 93 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Thu 06/05/2021

Auction Time

12:00

Auction Venue

Live Stream

A Fifth Floor Two Person Office Space Currently Let Producing £1,884.96 Per Annum

The property comprises a fifth floor two person office space situated within a serviced office building arranged over ground and five upper floors.

Tenure

Leasehold. The property is held on a 100 year lease from 1st January 2014 (thus approximately 93 years unexpired).

Location

The property is situated on the outskirts of Birmingham City Centre close to local shops and amenities. The open spaces of Chamberlain Gardens are within easy reach. Transport links are provided by Five Ways rail station.

Accommodation

Fifth Floor Office Space - 6.4 sq m

Tenancy

The property is subject to a commercial lease for a term of 2 years commencing January 2020 at a rent of £157.08 per calendar month.

Current Rent Reserved

Current Rent Reserved £1,884.96 per annum

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.