Summary - Ali Fish Bar Ali Fish Bar Unit 2 (Shop 4) Wheeler Street Shopping Centre, Wheeler Street, Newtown, Birmingham, B19 2ER B19 2ER
1 bed 1 bath Commercial Property
Affordable auction lot with refurbishment upside near local amenities.
Freehold interest subject to 99-year lease from 1968
A compact ground-floor retail unit offered with a freehold interest subject to a long lease (99 years from 29 Sept 1968). The property sits within Wheeler Street Shopping Centre and presents a straightforward entry point for a local investor or owner-operator seeking a low-value purchase with refurbishment potential. The unit includes a roller shutter, standard ceiling height and a mid-20th century commercial shell ready for fitting out.
This lot will be sold at public auction with a guide price of £30,000. Bidders should note additional transactional costs: council professional fees of £3,000, an administration fee (approx. £2,340 inc VAT) and any further sums set out in the legal pack. The freehold is subject to a ground rent of £175 per annum and periodic rent reviews; full lease terms are in the legal documentation and should be reviewed prior to bidding.
Location strengths include fast broadband, excellent mobile signal and nearby primary and secondary schools rated Good to Outstanding. Material considerations: the area records high crime and is classified as very deprived, and the unit is compact and likely requires investment to bring it to full trading standard. Viewings are at buyer’s risk and properties may lack electricity, so a careful inspection and legal review are essential.
This is best suited to investors or hands-on operators who understand auction purchase conditions and are prepared to manage refurbishment, tenancy or re-letting in a challenging but affordable neighbourhood market.
Commercial property for sale in Unit 2 (Shop 4) Wheeler Street Shopping Centre, Wheeler Street, Newtown, Birmingham, B19 2ER, B19 — £30,000 • 1 bed • 1 bath
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
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
Commercial property for sale in 92 Cato Street, Nechells, Birmingham, B7 4TS, B7 — £20,000 • 1 bed • 1 bath
2 bedroom terraced house for sale in 87 Rosary Road, Erdington, Birmingham, West Midlands, B23 7RD, B23 — £39,000 • 2 bed • 1 bath • 975 ft²
Commercial property for sale in 92 Cato Street, Nechells, Birmingham, B7 4TS, B7 — £20,000 • 1 bed • 1 bath
