A retail space with a flat above in one of the busiest traditional shopping areas in south Birmingham is appearing in Bond Wolfe’s next auction.
The former pet shop in Totteridge, which has a Cancer Research shop and a nail spa on either side, will have a guide price of £180,000+ in the livestreamed auction on July 10.
Ian Tudor, commercial auction director at Bond Wolfe, says Cotteridge is a popular shopping and residential area located in between Kings Norton, Northfield, Bournville and Stirchley,
“This vacant freehold retail unit with a self-contained flat above has an estimated full rental value of £28,400 a year. The property is in the centre of the busy and popular shopping district of Cotteridge, so it benefits from great footfall, which could suit either an owner occupier or a buyer looking for an investment opportunity.”
The property is a two-storey, mid-terraced unit on a parade of similar properties. There is a spacious, open plan retail unit on the ground floor, with a toilet, plus an enclosed rear yard with access via a rear shared driveway.
On the first floor, with access from the rear, is a recently redecorated, self-contained flat with an entrance lobby, kitchen, lounge, bedroom and bathroom, with gas central heating and double glazing.
The property lies on the eastern side of the main A4040 Watford Road near to its junction with the A441 Pershore Road, within the heart of Cotteridge. There is a good mix of local retailers together with a number of national operators nearby including Heron Foods, Greggs, Subway, Savers, Spar and the Post Office.
Cotteridge is four miles south of Birmingham city centre and is well served by public transport, including the nearby Kings Norton and Bournville railway stations on the Cross City line.
Offers in excess of the guide price may be considered prior to the auction sale, and the property is among 196 lots appearing in Bond Wolfe’s next auction which is due to start at 8.30am on July 10.
For more details and to register to bid, visit https://www.bondwolfe.com/auctions/properties/, email [email protected] or call or call 0121 312 1212 or 01902 928 510.
