For Sale By Auction | 2.30pm, 19 September 2024 | Lot 8

16 Brookside Avenue, Birmingham, West Midlands, B13 0TJ

Sold

  • Commercial Property

Call the team on 01273 201989 for more information

Auction Date

Thu 19/09/2024

Auction Time

2.30pm

Auction Venue

Live Stream

Freehold Ground Rent Investment - With Only 11 Years Remaining On The Lease

Semi-detached 2 storey house with car parking space and good size rear garden. Situation The property is situated on the West side of Brookside Avenue within in the sought-after neighbourhood of Moseley. There are a variety of greenspaces nearby with Swanshurst Park 0.5 miles to the East, Billesley Common 0.5 miles to the South and Moseley Golf Club within 0.5 miles to the West. There are a range of local shops, amenities and schools nearby, while Yardley Wood Station is 1.1 miles to the South East. Location Pin (What3Words): jaws.parade.kept https://w3w.co/jaws.parade.kept Lease Details Lease Expires 25/05/2035 Lease dated 21st October 1936 Term 99 years from 24th June 1936 Ground Rent - £6.25pa fixed NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY

Lot Type

Freehold Ground Rent Investment

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 0.5% (inc VAT) of the sale price, subject to a minimum of £1,500 (£1,250 plus VAT)

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