Summary - 6-8, WHEELER STREET SHOPPING CENTRE, WHEELER STREET B19 2ER
1 bed 1 bath Commercial Property
Auction sale offering redevelopment or rental potential for hands-on buyers.
Two freehold retail units in central Wheeler Street Shopping Centre
Two adjoining retail freeholds in Wheeler Street Shopping Centre offered at auction, presented as a low-cost entry for investors or developers. Each unit is freehold but subject to a 99-year lease from 29 September 1968 with a combined ground rent of £350 per annum and rent reviews every 25 years — check the legal pack for exact lease terms.
The blocks sit within a busy inner-city shopping parade in a very deprived area with high crime statistics; this brings both opportunity for value-buyers and clear management considerations. Services may be limited on inspection (properties may lack electricity) and the purchaser will be bound by existing rights of way, covenants and any easements shown in the legal pack.
Sale is by public auction with a guide price of £60,000. Successful bidders must pay additional costs: council professional fees (£3,000), an administration fee (£2,340 inc VAT) and any other sums stated in the special conditions. Viewings are at your own risk and remote bidding is available via livestream, proxy, telephone or online.
2 bedroom mixed use property for sale in Halligan Buildings, 13-15 Johnstone Street, Birmingham, B19 1SZ, B19 — £650,000 • 2 bed • 1 bath • 11947 ft²
Mixed use property for sale in 163-165 High Street, West Bromwich B70 7QX, B70 — £425,000 • 1 bed • 1 bath • 2284 ft²
2 bedroom mixed use property for sale in Halligan Buildings, 13-15 Johnstone Street, Birmingham, B19 1SZ, B19 — £650,000 • 2 bed • 1 bath • 11947 ft²
3 bedroom semi-detached house for sale in 101 & 101A Cole Street, Dudley, DY2 9PA, DY2 — £100,000 • 3 bed • 1 bath • 589 ft²
2 bedroom end of terrace house for sale in 78 Prince of Wales Lane, Kings Heath, Birmingham, B14 4JY, B14 — £95,000 • 2 bed • 1 bath • 909 ft²
1 bedroom flat for sale in The Saddles, 3 Crocketts Lane, Smethwick, B66 3DJ, B66 — £65,000 • 1 bed • 1 bath • 684 ft²
