£700,000

Warehouse for sale

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Just added
Auction
Freehold

Guide price

£700,000

Warehouse for sale

Halligan Buildings, 13-15 Johnstone Street, Birmingham B19

Local area information

Property location

Nearby amenities

  • Mayfield School (SEN) 0.3 miles
  • Holte School 0.3 miles
  • Perry Barr 0.9 miles
  • Witton (West Midlands) 1 mile

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Freehold. With the exception of the residential dwelling, vacant possession upon completion. The residential dwelling is let to a Housing Association for a term of 5 years with effect from...
For Sale By Public Auction on 11 September starting at 08:30 am - A substantial freehold mixed use property, part investment, having asset management potential and considered suitable for redevelopment for a wide variety of alternative uses, including residential, subject to obtaining any necessary planning permission

The property comprises a substantial site arranged around a central courtyard with roller shutter access directly from Johnstone Street. It is currently configured to provide two warehouse/workshop buildings, each benefitting from independent roller shutter entrances from the main courtyard.
The ground floor offers a large predominately open plan space arranged in a 'L' shaped configuration and is considered suitable for a variety of potential uses.
The first floor mirrors the 'L' shaped layout and provides 14 individual serviced offices, accessed via a central corridor, each office is fitted with intercom access, lighting, power/data connections with sub pre-paid meters.
The offices are carpeted and there are shared amenities including a spacious communal kitchen area, fully fitted kitchen and WC facilities. On the first floor, there are four further rooms and kitchen.
To the right hand side of the site and adjoining the main building is a self-contained two bedroomed terraced house, which is currently let to a Housing Association.
The property is believed to have the potential for a wide variety of alternative uses, including workshops, training centre, educational, religious and residential development, subject to obtaining any necessary planning permission.

Location
The property occupies a prominent postion fronting Johnstone Street, just off the main A34 Birchfield Road, which provides direct access into Birmingham City Centre approximately 2 miles distant.
The property benefits from excellent access to the national motorway network, with junction 6 of the M6 motorway also within 2 miles and Perry Barr Train Station is approximately 1 mile away.

Energy Performance Rating
See legal pack.

Tenure
Freehold. With the exception of the residential dwelling, vacant possession upon completion.
The residential dwelling is let to a Housing Association for a term of 5 years with effect from 01/08/2024, at a current rent of £12,000 per anum.

Value Added Tax
We understand VAT is not applicable on this transaction.

Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.Viewing Times
Strictly by appointment with the Auctioneers.

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.

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.

Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.

*Definition of Guide Price and Reserve
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 £2,340 inc VAT (£1,950.00 + 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. 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. The legal packs and further information about buying at auction are available on the Bond Wolfe's website.

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  1. Zoopla
  2. Commercial for sale
  3. West Midlands
  4. Birmingham
  5. Johnstone Street