Back to Results

000

16, 20 & 22 Regent Place, Birmingham, West Midlands B1 3NJ

Description

A freehold Investment opportunity situated in the Jewellery Quarter, within a highly sought after part of Birmingham City Centre. The property benefits from parking, scope to increase income and the flexibility to create a bespoke residential scheme of apartments subject to obtaining appropriate planning consent. Total Current income £97,860 per annum.

The accommodation is accessed from Regent Place and comprises two separate blocks, set back from the curb side with separate entrances for numbers 16, 20 and 22. We have not carried out a full survey of the premises but we noted several gas boilers serving radiators throughout, separate electrics and gas services and a generally high standard of maintenance.

The location benefits from excellent transport connections within easy reach, including Jewellery Quarter train station, metro, and bus stops. St Pauls square is a few minutes walk from the property and Colmore row with 10 minutes walk. Interested parties are advised to inspect the legal pack for more information.

Accommodation and Income Details:

Accommodation

16 Regent Place
Comprises 100 - 110 with a combined income of £3,660pcm (includes a service charge element).

Room 100
Trading as a hair salon extending 450 Sq Ft held on a licence with total rent £970pcm.

Room 101
Trading as a hair salon extending 185 Sq Ft held on a licence with total rent £360pcm.

Room 102
Trading in advertising extending 275 Sq Ft held on a licence with total rent £460pcm.

Room 103
Trading in aesthetics extending 185 Sq Ft held on a licence with total rent £370pcm.

Room 104
Trading as a councillor extending 275 Sq Ft held on a licence with total rent £450pcm.

Room 105 - 108
Involved in care held on a licence extending 960 Sq Ft with total rent £1050pcm.

Room 109
An artist with accommodation extending 170 Sq Ft held on a licence with total rent £362.50pcm.

Room 110
An Artist with accommodation extending 175 Sq Ft held on a licence with total rent £307.50pcm.

20 Regent Place
Comprises three stories with combined income £3,095pcm (includes service charge).

Lower Ground Floor
Void extending 1,612 Sq Ft. WC/kitchen facilities, fire escape.

Ground Floor
Void extending 1,612 Sq Ft. WC/kitchen facilities, fire escape.

First Floor
Occupied by an Artist extending 1612 Sq Ft with current rent passing of £1,610pcm.

Third Floor
Occupied by Architects extending 1,612 Sq Ft with current rent passing of £1,485pcm.

22 Regent Place
Occupied by a Tattoo Artist extending 1,500 Sq Ft with current rent passing £1,700pcm.

Outside
Externally the property benefits from a ground floor terraced area along with car parking.

Note:
Grade II Listed.

Occupancy

Subject to a tenancy

Costs

Auction Details:

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 2% of the purchase price inc. VAT

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Address

16, 20 & 22 Regent Place, Birmingham, West Midlands B1 3NJ

Guide Price

£1,150+

Key Features

  • Prime location investment opportunity
  • Current income £97,860 per annum
  • Potential for alternate future use (subject to planning)
  • Well maintained with scope to increase rent
  • EPC Rating: C C C
Request a viewing Legal documents Send an enquiry Submit an offer
Similar Property to Sell? Print this Property

Our Nearest Office:

Birmingham
Share this Property:

Looking To
Finance A Purchase?

Short-Term Auction Finance.

  • Residential & commercial securities
  • Loans from £26,000
  • Automated valuations accepted
  • Rates from 0.7% per month
Find out more

Looking to Sell
Property or Land?

Click for a free appraisal

Free Appraisal

You may also like

000

Flat 1, 29-31 Cookson Street, Blackpool FY1 3EA
1  /  10
Live Stream Auction
Flat 1, 29-31 Cookson Street, Blackpool FY1 3EA
Flat 1, 29-31 Cookson Street, Blackpool FY1 3EA

Guide Price: £20,000+

View Listing

000

17-19 Broad Pavement, Chesterfield S40 1RP
1  /  2
Live Stream Auction
17-19 Broad Pavement, Chesterfield S40 1RP
17-19 Broad Pavement, Chesterfield S40 1RP
Chesterfield Borough Council

Guide Price: £195,000+

View Listing

000

2 Broad Street, St. Columb Major, Cornwall TR9 6AS
1  /  22
Live Stream Auction
2 Broad Street, St. Columb Major, Cornwall TR9 6AS
2 Broad Street, St. Columb Major, Cornwall TR9 6AS

Guide Price: £200,000+

View Listing

450+ Strong Team

Local knowledge
national coverage

Our reach covers the UK with a network of over 30 UK offices.
Find the right professional using the below dropdowns.

Birmingham Bristol Derby Glasgow Leeds Leicester Liverpool London Manchester Newcastle Nottingham Sheffield
Find your nearest office
Our Properties for Auction
Auction and guide block_Our auctions_2

Our Auctions

Explore our upcoming auctions and discover a wide range of properties and assets. With expert support and transparent bidding, you can find opportunities that match your goals, whether buying or selling.

Our Properties for Auction
Register for Auction Alerts
Auction and guide block_auction alerts_2

Auction Alerts

Stay up to date with all our latest auctions. Sign up for tailored alerts and receive notifications when new properties go live, so you’re ready to bid.

Register for Auction Alerts
Our Guide to Buying at Auction
Auction and guide block_guide to buying_2

Guide to buying

From first-time buyers to experienced investors, our Guide to Buying gives practical tips and advice on the auction process, researching lots, and bidding confidently to secure the best opportunities.

Our Guide to Buying at Auction
Our Guide to Selling at Auction
Auction and guide block_guide to selling_2

Guide to selling

Planning to sell at auction? Our Guide to Selling shows you how to prepare your property, set the right pricing strategy, and work with our team to achieve the best results — smoothly and successfully.

Our Guide to Selling at Auction

This site uses cookies to monitor site performance and provide a more responsive and personalised experience. You must agree to our use of certain cookies. For more information on how we use and manage cookies, please read our Privacy Policy.

Reject Accept all & close