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Warstone Parade East – £750 pcm – Lease until 04/06/2024, Birmingham

For Sale B18 6NR
£124,999
Information Unavailable -
Information Unavailable -
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Property Features

  • Ready Made Investment Opportunity - Prime Jewellery Quarter Location
  • Currently let; £750 pcm/ £9000 p.a.
  • Sold With Tenants In Situ - Lease until 04/06/2024
  • One Allocated Parking Space
  • Located on St Michael's Court
  • 424 sq ft (39 sq m)
  • Walking Distance To Shops/ Bars/ Restaurants In Jewellery Quarter
  • Leasehold - 125 Years from 25th March 2002

Warstone Parade East – £750 pcm – Lease until 04/06/2024, Birmingham

£124,999
Information Unavailable -
Information Unavailable -
Information Unavailable -
Information Unavailable -

Property Features

  • Ready Made Investment Opportunity - Prime Jewellery Quarter Location
  • Currently let; £750 pcm/ £9000 p.a.
  • Sold With Tenants In Situ - Lease until 04/06/2024
  • One Allocated Parking Space
  • Located on St Michael's Court
  • 424 sq ft (39 sq m)
  • Walking Distance To Shops/ Bars/ Restaurants In Jewellery Quarter
  • Leasehold - 125 Years from 25th March 2002

Property Summary

Investment Opportunity - Located in heart of the Jewellery Quarter - Sold With tenants in situ - £750 pcm rental income - lease ending on 04/06/2024

Property Location

Full Description

DESCRIPTION:

The OPA are pleased to present this well presented ready made investment property in the heart of Jewellery Quarter.

The property has been modernised throughout and comes with fully equipped kitchen with a dishwasher and a microwave, a washing machine, and separate bathroom with a shower. The unit is fully alarmed and is fitted with an intercom system and allocated parking space.

St Michaels Court is a well presented development and the property also comes with allocated parking.

LOCATION: 

Located within the heart of the Jewellery Quarter, this commercial property is situated just off Warstone Lane within walking distance of local bars, restaurants and supermarkets. The property is in easy access to Icknield Street (A4540) 650 yards from Museum of the Jewellery Quarter. The property is 0.8 miles from The ICC-Birmingham and 1 miles from Birmingham Museum & Art Gallery. 15 miles from Birmingham Airport and a 6 minute walk from the nearest train station and tram stop.

TENURE:

Leasehold - Lease For 125 Years from 25th March 2002

We are advised that the Service Charge is £802 p.a and Ground Rent is £100 p.a and the service charge is currently being paid by the tenant.

VIEWINGS:

Please contact The Online Property Agency for viewings. The property is tenanted so viewings will be limited.

BUYERS FEE

Buyer's Reservation Fee of 2% of The Purchase Price. T&Cs apply.

The OPA’s “Secure It Now Exclusivity Package”

This property is being offered under The OPA’s “Secure It Now Exclusivity Package”

This is an innovative secure and straightforward way to purchase this property.

Here are the benefits for you:

• Secure your dream property straight away

• Properties are realistically priced

• Similar to a “normal” or “conventional” sale with a few measures to protect the buyer and the seller

• Focuses on speed

• Mortgage buyer friendly

• Suitable for first time buyer

• Mortgage buyers and cash buyers compete on equal terms

• No competitive bidding

• No risk of being gazumped

• Minimises risk of fall throughs

Secure It Now Exclusivity Package - How does it work?

Our sellers are motivated and willing to price their properties competitively in order to ensure a fast and secure sale.

You can now secure the purchase with a buyer’s “Secure It Now Exclusivity fee “ of 2% which includes :

• A legally binding contract granting the buyer exclusive rights to purchase the property within a given timeframe (usually 56 days / 8 weeks )

• Paying the Exclusivity Fee ensures that the seller takes their property off the market as soon as the sale is agreed and reserves it exclusively for you.

• This prevents the risk of gazumping and the

• helps you avoid losing money and wasting time which most buyers like you may face with the traditional estate agent's approach.

• You get a fixed exclusivity period (approximately 8 weeks) to complete, safe in the knowledge that you will not be gazumped or outbid by another buyer.

Step 1 - Register your interest

Step 2 - Sort out your finances

Step 3 - Arrange a viewing / Virtual Tour

Step 4 - Make an offer

Step 5 - Secure your purchase using our buy and Secure It Now Exclusivity package

Step 6 - Exchange and completion

Next Steps – Do Not Miss Out -

Please note this is a realistically priced property and is likely going to create a fair amount of buying interest. If you're interested in buying this property, we'd urge you to contact us immediately to avoid losing out.

AGENT NOTES

Please be advised the agent has not inspected the property internally and all information has been provided by the seller.

Floorplans provided are For illustrative purposes only and should be independently verified. Images are not intended to be relied upon, nor form part of any contract

MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense. 5: All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; 6: No persons in the employment of The OPA has any authority to make or give any representation or warranty whatever in relation to this property. No services, fixtures, fittings or appliances, including central heating, have been tested by the Agent at the time of printing. All references to parts of the fabric, material, decoration, external or internal features or grounds of the property are made without any warranty as to their conditions or effectiveness. Where definite checks have been made, such results will be made clear at the appropriate place in the particulars of sale. Every effort has been made by the Agents to obtain accurate information from the correct sources. However, intending purchasers and other readers are asked to make their own arrangements regarding verification of any statements expressed in these particulars of sale.

Any reference to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

Misrepresentation Act 1967: The OPA for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (1) These particulars do not amount to, nor amount to any part of, an offer or contract. (2) None of the statements contained in these particulars should be relied on as statements or representations of fact, therefore all prospective purchasers or tenants must satisfy themselves as to their accuracy.

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  • For more information or viewings call:

    0121 740 1000
    • Ref: 23009173
    • Availability: For Sale
    • Tenure: Leasehold

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    T: 0121 740 1000
    E: enquiries@theopa.co.uk

    The Online Property Agency,
    Sovereign Court, Graham Street,
    Birmingham
    B1 3JR

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