Summary - 92, CATO STREET B7 4TS
1 bed 1 bath Commercial Property
Auction lot with redevelopment and rental potential for experienced investors.
Large industrial footprint on substantial plot
A substantial industrial freehold holding on a large plot in Nechells, offered at auction with immediate possession subject to an existing long lease. The property sits within a major conurbation with good transport links, excellent mobile signal and basic local amenities; the site is suitable for investors or developers seeking urban industrial land with redevelopment potential.
Key strengths include a large footprint, multi-unit industrial construction (brick, concrete, metal roof) and long unexpired lease (approx. 88 years remaining). There is no recorded flood risk and the ground rent is currently low at £100 per annum, providing predictable near-term outgoings.
Material considerations for buyers: the freehold is subject to a 125-year lease from 1987 and a fixed ground rent doubling provision every 25 years from 2037; purchasers must review the legal pack for full lease terms, covenants, and rights of way. The area is classed as very deprived and viewings are at your own risk — some properties may lack electricity and require inspection with appropriate precautions.
This lot is sold strictly at public auction. Successful bidders will face additional compulsory costs on exchange including an administration fee and council professional fees; read the legal pack carefully and budget for these sums alongside purchase costs and any necessary repair or refurbishment work.
Commercial property for sale in 92 Cato Street, Nechells, Birmingham, B7 4TS, B7 — £20,000 • 1 bed • 1 bath
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Commercial property for sale in Unit 3 (Shop 6) & Unit 4 (Shop 8), Wheeler Street Shopping Centre, Wheeler Street, Newtown, Birmingham, B19 2ER, B19 — £60,000 • 1 bed • 1 bath
Land for sale in Land & Buildings, 6 Inkerman Street, Nechells, Birmingham, B7 4SB, B7 — POA • 1 bed • 1 bath • 14243 ft²
Commercial property for sale in Unit 3 (Shop 6) & Unit 4 (Shop 8), Wheeler Street Shopping Centre, Wheeler Street, Newtown, Birmingham, B19 2ER, B19 — £60,000 • 1 bed • 1 bath
