£1,399,000

Property for sale

  1. Property photo 1 of 8.
  2. Property photo 2 of 8.
  3. Property photo 3 of 8.
Freehold

£1,399,000

Property for sale

High St, Erdington, Birmingham B23

Local area information

Property location

Nearby amenities

  • Imedia School 0.2 miles
  • Osborne Primary School 0.3 miles
  • Erdington 0.4 miles
  • Gravelly Hill 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • £17,275 pcm / £207,300 p.a Potential Rental Income For Office Space
  • Planning For 23 Apartments With Potential For 47 Units + (STP)
  • Huge Corner Plot - 0.715 Acre Site
  • Busy High Street Location - Neighbouring Occupiers Include Gregs, LLoyds Bank, Iceland, Ladbrokes, Halifax, Tesco Express & Coral Bookmakers
  • Virtual Tour Available
  • Secured Gated Car Park - Circa of 40 Parking Spaces
  • Planning For Residential Conversion
  • 0.6 Miles To Erdington Train Station, 5 Miles to Birmingham City Centre, 1 Mile To Gravelly Hill Station, 4 Miles To Erdington
  • 2021/09918/pa - Change Of Use To Residential Apartments
Description


The opa are pleased to present this exciting residential conversion opportunity .

The site comprises circa 37,116 Sqft of office space and already boasts planning for conversion into 23 apartments with potential for 47+ apartments (STP)

This huge corner plot with a site area of approx. 0.715 acres and a secured gated car park .

The site is situated within the Primary Shopping Area of the Erdington Local Centre.
Accommodation


The site is set over a 3- and 4-storey flat roof building on the corner of High Street and Newman Road in Erdington and offers very well laid out bright and airy accommodation.

Boasting 2 lifts (and service lift), each floor has WC facilities, kitchen areas and a mixture of open plan and executive offices, air conditioning and central heating facilities.
Tenure


The office accommodation is vacant

Potential Rental Income; £207,300 p.a

3 x Retail Shops sold on 999 year leasehold with peppercorn ground rent (Shops not included).
Planning


Current Use: Class E (Office Use)

The site has planning for residential conversation and may be suitable for a variety of uses (STP).

2021/09918/pa - Prior approval notification for a change of use of upper floors from office (Use Class E(g)(i)) to 23 no. Apartments (Use Class C3).

The site may be suitable for additional apartments STP.
Location


The property is situated to the southern end of Erdington High Street. Erdington is located approximately 5 miles north west of Birmingham City Centre in close proximity to the countries motorway network, via junction 6 of the M6 motorway.

The immediate area is a mixture of multiple retailers and local traders, with multiple retailers being Greggs, Ladbrokes, Halifax, Coral Bookmakers, Lloyds, Scope and Iceland.
EPC- D

VAT


We understand VAT is payable. However, it is understood the sale would be treated as a togc.
Viewings


Please contact The Online Property Agency for viewings.
Buyers fee


Buyer's Exclusivity Fee of 2% of The Purchase Price. Minimum Fee £3000. (All fees inclusive of VAT). T&Cs apply.

The opa’s “Secure It Now Exclusivity Package” – this is a legally binding agreement between you are the seller. The buyer pays the exclusivity fee and enters into an “exclusivity agreement with the seller”, granting the buyer an exclusivity period, which is usually upto 8 weeks to complete on the purchase of the property. During the exclusivity period, the buyer has the exclusive right to purchase the property and during this period they should complete the sale transaction. If the buyer fails to complete in this period, the fee is non-refundable.

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 / Carr out your due diligence/ Ask questions/ Get legal/ financial advice if required.

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.

Floor plans and tours

Floor plans (3)

Floor plan 1
Floor plan 2

Tours (2)

2 virtual tours available

Step inside the property with a virtual tour or video walkthrough.

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - The Online Property Agency. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact The Online Property Agency for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Midlands
  4. Birmingham
  5. Erdington
  6. High Street

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.