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953 & 973 Alcester Road South, Kings... Mixed use for sale
953 & 973 Alcester Road South, Kings Heath, Birmingham, B14 5JA
£180,000
953 & 973 Alcester Road South, Kings Heath, Birmingham, B14 5JA
£180,000
Our Summary
- For Sale By Public Auction on 10 December 2025 starting at 08:30 AM - A virtual freehold retail investment with residential accommodation overCurrent gross income: £28,660 paThe property comprises a retail premises on the ground floor with a self contained maisonette to the upper floors, which is situated in a parade of shops on the main Alcester Road South (A435), having public parking to the front, with local and national operators including Sainsburys, Greggs, Aldi, Betfred and Lloyds Bank nearby
- Pre-auction OffersPlease note that offers in excess of the guide price may be considered prior to the Auction Sale
- Live-streamed AuctionPlease 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
Description
A virtual freehold retail investment with residential accommodation above is up for sale by public auction on December 10, 2025, starting at 8:30 AM. The property, located on Alcester Road South, has a current gross income of £28,660 per annum from a retail premises on the ground floor and a self-contained maisonette above. The lease has approximately 1,960 years unexpired and a peppercorn ground rent. The shop is let on a 5-year lease at £18,000 per annum, and the maisonette is let on an Assured Shorthold Tenancy at £10,660 per annum. The property is close to local and national operators, including Sainsburys, Greggs, and Lloyds Bank, and has public parking to the front. External viewings only will be arranged, and the auction will be livestreamed via the auctioneer's website.