0 bed (for sale) High Street, Harborne, Birmingham B17

£1,000,000
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The Online Property Agency
Sovereign Court, Graham Street, Birmingham
0121 659 2987
First Published

10th Aug 2022

Last Published

19th Aug 2022

 

Features

  • Type:
  • Bedrooms: 0
  • Listing status: sale
  • Country: England

Description

Description


The property comprises three adjoining two storey retail units set on the main Harborne High Street,

The buildings are traditional construction with a pitched, concrete tile roof and with dormer windows to the front first floor elevation.

Unit 137 is currently trading as a vape retail shop and Units 139 and Unit 141 are trading as barber shops.

We are advised the properties scan 2901 SqFt / 270 SqM. (approx)


Tenancy


All three shops are let on Fri leases until 2022 and generating a total passing rent of £50,500 per annum.

137 High Street is let to H20 Vape Limited (t/a Vape Bar) for a term of 5 years from 18th February 2022, expiring on 17th February 2027. The passing rent is £16,500 per annum,

139 High Street is let to Nabaz Ahmed Garde (t/a Stylofy Barber Station) for a term of 5 years from 24th June 2022, expiring on 23rd June 2027. The passing rent is £17,000 per annum.



141 High Street is let to Harborne Grooming Limited (t/a Kings Barber Club) for a term of 5 years from 1st February 2022, expiring 31st January 2027. The passing rent is £17,000 per annum.


Accommodation


137 High Street – Ground & First Floor

Net Frontage 5.33 m 17’6”

Gross Frontage 5.87m 19’3”

Zone A 25.64 sq m 276 sq ft

Zone B 11.89 sq m 128 sq ft

Ground Floor Total 37.53 sq m 404 sq ft

First Floor 26.94 sq m 290 sq ft

Total nia 64.47 sq m 694 sq ft

Total gia 76.74 sq m 826 sq ft

139 High Street – Ground Floor (first floor not accessible)

Net Frontage 3.3m 10’10”

Gross Frontage 4.11m 13’6”

Zone A 21.55 sq m 232 sq ft

Zone B 26.48 sq m 285 sq ft

Zone C 21.55 sq m 232 sq ft

Total nia 70.05 sq m 754 sq ft

Total gia 74.23 sq m 799 sq ft

141 High Street – Ground Floor (first floor inaccessible)

Net Frontage 3.43m 11’3”

Gross Frontage 4.16m 13’8”

Zone A 21.27 sq m 229 sq ft

Zone B 18.02 sq m 194 sq ft

Zone C 13.75 sq m 148 sq ft

Remainder 0.46 sq m 5 sq ft

Total nia 53.51 sq m 576 sq ft

Total gia 58.53 sq m 630 sq ft


Location


Located on the main Harborne High Street, with nearby occupiers including Waitrose, Sainsbury’s, M&S Food, Caffe Nero, Pizza Express, Costa, lloyds Bank and many more.

Harborne is renowned for being one of the most sought after suburbs in Birmingham, and is located only 3 miles of Birmingham city centre.


VAT


No VAT applicable on this transaction.


EPC


137 high street - D

139 high street - E

141 high street - C



Viewings


Please contact The Online Property Agency for viewings.


Buyers fee


Buyer's Reservation Fee of 2% of The Purchase Price. Minimum Fee £2400. (All fees inclusive of VAT). T&Cs apply.

The opa’s “Secure It Now Exclusivity Package”

This property is being offered under The opa’s “Secure It Now Exclusivity Package”

This is an innovative secure and straightforward way to purchase this property.

Here are the benefits for you:

• Secure your dream property straight away

• Properties are realistically priced

• Similar to a “normal” or “conventional” sale with a few measures to protect the buyer and the seller

• Focuses on speed

• Mortgage buyer friendly

• Suitable for first time buyer

• Mortgage buyers and cash buyers compete on equal terms

• No competitive bidding

• No risk of being gazumped

• Minimises risk of fall throughs

Secure It Now Exclusivity Package - How does it work?

Our sellers are motivated and willing to price their properties competitively in order to ensure a fast and secure sale.

You can now secure the purchase with a buyer’s “Secure It Now Exclusivity fee “ of 2% which includes :

• A legally binding contract granting the buyer exclusive rights to purchase the property within a given timeframe (usually 56 days / 8 weeks )

• Paying the Exclusivity Fee ensures that the seller takes their property off the market as soon as the sale is agreed and reserves it exclusively for you.

• This prevents the risk of gazumping and the

• helps you avoid losing money and wasting time which most buyers like you may face with the traditional estate agent's approach.

• You get a fixed exclusivity period (approximately 8 weeks) to complete, safe in the knowledge that you will not be gazumped or outbid by another buyer.

Step 1 - Register your interest

Step 2 - Sort out your finances

Step 3 - Arrange a viewing / Virtual Tour

Step 4 - Make an offer

Step 5 - Secure your purchase using our buy and Secure It Now Exclusivity package

Step 6 - Exchange and completion

Next Steps – Do Not Miss Out -

Please note this is a realistically priced property and is likely going to create a fair amount of buying interest. If you're interested in buying this property, we'd urge you to contact us immediately to avoid losing out.

Please note this is a non-refundable exclusivity fee in addition to the purchase price.

Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense. 5: All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; 6: No persons in the employment of The opa has any authority to make or give any representation or warranty whatever in relation to this property. No services, fixtures, fittings or appliances, including central heating, have been tested by the Agent at the time of printing. All references to parts of the fabric, material, decoration, external or internal features or grounds of the property are made without any warranty as to their conditions or effectiveness. Where definite checks have been made, such results will be made clear at the appropriate place in the particulars of sale. Every effort has been made by the Agents to obtain accurate information from the correct sources. However, intending purchasers and other readers are asked to make their own arrangements regarding verification of any statements expressed in these particulars of sale.

“Please be advised that this property may have been owned by the current seller for under six months, or the seller may have the exclusive right to sell the property. If you require any further clarification, please speak to a representative of The opa.”

Any reference to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

In accordance with Section 21 of the Estate Agents Act 1979 an interest is declared in that the vendor of the property is a relative of a Partner of The Online Property Agency Ltd

Misrepresentation Act 1967: The opa for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (1) These particulars do not amount to, nor amount to any part of, an offer or contract. (2) None of the statements contained in these particulars should be relied on as statements or representations of fact, therefore all prospective purchasers or tenants must satisfy themselves as to their accuracy.

 

Local info for B17

Floor plan

 

Property Value Data/Graphs for B17

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 35.9% £183,202 1.7 1
Semi-detached house 23.7% £462,413 3.7 1.2
Terraced house 20.9% £353,434 2.9 0.7
Detached house 6.3% £748,219 4.4 1.7
Other 5.6% £274,775 2.1 1.3
End terrace house 3.5% £331,000 3 1.3
Mews house 1.4% £577,463 3.8 0
Town house 1% £449,983 3.7 1.7
Bungalow 0.7% £710,000 3.5 1.5
Maisonette 0.7% £197,500 2 0.5
Studio 0.3% £175,000 0 0

Area Information

Average Price Paid

£354,936

Sales

2587

Current Average Value

£342,663

Value Change

£12,273 3.6%

 

Current Asking Prices in B17 Average: £342,663

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £132,780 (5) £245,580 (42) £388,244 (66) £528,768 (33) £746,704 (25)
Flats £151,022 (39) £196,186 (59) £257,143 (7) - -
All £148,949 (44) £216,726 (101) £375,673 (73) £528,768 (33) £746,704 (25)

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2 bed Flat () Apartments, Holloway Head, Birmingham B1 £2,772,245
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