February 2021: Tuesday 09 February 2021 - 9:00am
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    Key features

    • Secured upon a purpose built block
    • Arranged to provide 18 self contained flats, one commercial unit and a further library and village hall
    • Each unit subject to a lease with approximately 982 years unexpired
    • RPI index linked reviews with 5 yearly review patterns
    • The Lesses have not elected to exercise their rights

    Description

    Secured upon a Purpose Built Block

    Arranged to provide 18 self contained flats, one commercial unit and a further library and village hall

    Each unit subject to a lease with approximately 982 years unexpired

    RPI index linked reviews with 5 yearly review patterns

    The Lesses have not elected to exercise their rights

    Additional information

    Tenure

    Freehold Ground Rent.

    Subject to a lease for a term of 999 years from 1st January 2003 (thus having approximately 982 years unexpired)

    Accommodation

    Arranged to provide 18 self-contained flats, one commercial and a further library and village hall

    Tenancy

    Total current rent reserved £2,961.72 p.a.

    Rent

    Total current rent reserved £2,961.72 p.a.
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      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Dickens Heath Village is mainly arranged around Main Street which runs off Dickens Heath Road to the south west of Solihull and to the south of Shirley

      The M42, M40 and M6 motorways are all accessible

      Nearest Rail services run from Whitlocks End station. Solihull station is to the north east

      Local amenities are available in Dickens Heath itself. Solihull town centre is to the north east and Birmingham City centre is to the north west

      Birmingham International Airport is within reach

      The NEC is accessible

      Transport

      Whitlocks End Station

      Birmingham International Airport

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums