Knight Frank Auctions, Auctions
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£6,000,000
90 bedroom block of apartments for sale in Threadneedle House, Alcester Street
Price:
£6,000,000
Location:
Redditch, Hereford & Worcs
Description:
Interested parties should contact Knight Frank Auctions for further information. Description A freehold unbroken residential investment containing 48 units and 17 car parking spaces producing £406,968 per annum. The property comprises 48 apartments arranged over ground to third floors. In total there are 7 x one bedroom, 40 x two bedroom and 1 x 3 bedroom. A lift is available to all floors. Externally there are 17 car parking spaces. The apartments are producing £398,568p. a. The car parking spaces are producing £8,400 p. a. with three spaces vacant. The total sales reserved is therefore £406,968 p. a. Please note that the Post Office has been sold off on a 999 year lease at a peppercorn sale. Location The property is located in the town centre of Redditch just to the east of the Kingfisher Shopping Centre. The immediate surrounding area is a mix of retail and education including a range of restaurants and cafes. Redditch Train Station is 0.3 miles to the west and provides services to Birmingham New Street in approximately 40 minutes with junction 2 of the M42 approximately 5 miles to the north. Note The buyers fee on this lot is £2,400 inc VATTenure: FreeholdEPC Rating: 27 x B, 18 x C, 3 x D Location The property is located in the town centre of Redditch just to the east of the Kingfisher Shopping Centre. The immediate surrounding area is a mix of retail and education including a range of restaurants and cafes. Redditch Train Station is 0.3 miles to the west and provides services to Birmingham New Street in approximately 40 minutes with junction 2 of the M42 approximately 5 miles to the north. Occupancy Tenanted Buyers Fee The buyers fee is £2,400 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property. Auction. Still available at ListedBuy!
Posted:
June 6 2023 on ListedBuy
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More About this Listing: 90 bedroom block of apartments for sale in Threadneedle House, Alcester Street
90 bedroom block of apartments for sale in Threadneedle House, Alcester Street is a Vehicle for Sale in Redditch HAW. Find other listings by searching for Cars and Vehicles in Birmingham on Oodle Classifieds.
90 bedroom block of apartments for sale in Threadneedle House, Alcester Street is a Vehicle for Sale in Redditch HAW. Find other listings by searching for Cars and Vehicles in Birmingham on Oodle Classifieds.