Guide price
£10,000
Studio for saleUnit 130 Bridge House Hotel, Sherbourne Road, Acocks Green, Birmingham, West Midlands B27
- Auction
Benjamin Stevens
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About this property
Good investment opportunity
Yearly income is £2000 net
The building is a hotel and there are no ASTs
For sale by public auction - 10th Sept
Full legal pack available on benjamin stevens auctions website
Unit 130 Bridge House Hotel, Room producing £2,000 a year
The yearly income is £2000 net. The building is a hotel and there are no ASTs.
Tenure - Share of Freehold.
Good investment opportunity.
999 years from and including 1 June 2013 to and including 31 May 3012
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1500 and contracts are exchanged.
The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
To register to bid on the property, find the property on the Benjamin Stevens Auctions website. Click onto the property, follow the link to “Log in/register to bid” You will then be directed to create an auction passport account through our partners, the Essential Information Group.
Full legal pack available on Benjamin Stevens auctions website.