Cash buyers only due to a short lease of 57 years remaining, there is an option to purchase a lease extension. 

The freeholder confirmed that should a buyer wish to consider a Lease extension, the buyer will be responsible for their solicitors legal costs and disbursements estimated at £1750 plus VAT. There is also a premium of £25,000-£28,000 payable for extending the Lease.

Location

Nestled close to the heart of Birmingham, Moseley Village offers an unbeatable mix of urban convenience and suburban tranquillity.
Vibrant Community: Moseley is renowned for its lively arts scene, independent shops, trendy cafes, and a wide array of restaurants and pubs.
Green Spaces: Enjoy the lush surroundings of Moseley Park & Pool and Cannon Hill Park, perfect for weekend strolls and outdoor activities.
Excellent Transport Links: Easy access to public transport and major roadways ensures a quick commute to Birmingham city centre and beyond.

Auction 

This property will be sold via public auction. Interested parties are advised to review the legal pack prior to bidding. Bidders must register at least 24 hours before the auction. Terms and conditions apply.

To register via the link www.brookvaleauctions.com or call 0121 8204113 to talk to the team.

The property is sold as seen, and buyers are advised to carry out their own surveys and investigations prior to bidding. All measurements are approximate.

Legal Information:

Prospective buyers are advised to consult the auction legal pack for full details on the property, including title information, leasehold details, and any covenants.

Traditional auction

Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.

Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.

Disclaimer

All information relating to this property, including descriptions, pictures and other related information has been provided by Brookvale. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.