2 Harvey Road, Birmingham, West Midlands, B26 1TD
- Conditional Online Auction Sale
- Guide Price* : £190,000
- Bedrooms: 2
- Bathrooms: 1
- Reception Rooms: 1
MODERN AUCTION PROPERTY - T&c'S and Buyers Fees Apply. Partridge and Brookvale are delighted to present this excellent investment opportunity a mixed-use comprising a ground-floor commercial premises with a two bedroom duplex apartment above.
Description
Partridge Homes And Brookvale are pleased to present this exciting mixed-use investment opportunity, comprising a ground-floor commercial premises with a two bedroom duplex apartment above, offered for sale via the Modern Method of Auction. The commercial unit is currently utilised as a barber shop and offers a generous trading area together with its own kitchen and W/C facilities, making it suitable for continued commercial use or alternative uses, subject to any necessary consents. The residential accommodation is arranged over two floors and provides surprisingly spacious living accommodation. The ground floor comprises a fitted kitchen and bathroom, while the first floor offers two bedrooms and a spacious lounge/diner. Offering both commercial and residential accommodation under one title, this property represents an excellent opportunity for investors, business owners or buyers looking for a mixed-use investment with income potential. Internal viewing is highly recommended to fully appreciate the size, layout and potential on offer.
VIEWINGS STRICTLY BY APPOINTMENT ONLY.
Approach Entrance Hallway Kitchen 3.20m (10' 6") x 2.10m (6' 11") Bathroom 1.96m (6' 5") x 2.18m (7' 2") First Floor Accommodation Landing Bedroom One 3.71m (12' 2") x 2.86m (9' 5") Bedroom Two 3.18m (10' 5") x 2.15m (7' 1") Lounge 3.78m (12' 5") x 6.21m (20' 4")
Auction Method This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, Brookvale Auctions. This method of auction requires both parties to complete the transaction within 56 days of the Fee being paid and reservation form being returned.2 / 2A Harvey Road.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being a minimum of £5,000 Plus VAT or 4% + VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with Brookvale Auctions and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.
A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit, you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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