Land for sale in 1256-1258 Pershore Road, Stirchley, Birmingham B30

POA
Land for sale 0.1 ac*
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Property description

Key Points

  • Freehold Tenure
  • Planning Permission Granted
  • Current Income of £18,600 pa
  • Near Local University
  • Description

    Planning Permission was granted in March 2021 for the demolition of the existing buildings and erection of a 3-storey building comprising 31 units of student accommodation and ground floor commercial space.

    Further information and plans are available from the agent or can be downloaded directly for Birmingham City Councils Planning portal by using the Planning Application Number: 2020/04405/pa.

    Viewings

    Viewings are strictly via the sole selling agent Siddall Jones.

    Location

    The property is predominantly situated fronting Pershore Road, at its junction with Twyning Road in the Stirchley area of Birmingham.

    The property lies approximately 4 miles south of Birmingham City Centre.

    The Site is close to Stirchley centre with easy access to shops, cafes and restaurants. In addition to walking or cycling, there are excellent public transport options (both bus and train).

    The journey time to the University of Birmingham campus is less than 10 minutes by bike, 15 minutes via a walk and train from Bourneville Station or 20 – 25 minutes’ walk directly to campus. There is good access to Birmingham City University (bcu) and Aston University by public transport or cycle.

    Terms

    Price on Application.

    Tenancies

    Both properties are currently tenanted with the lease including from monthly development break options.

    The current income is £18,600 per annum exclusive.

    Planning Permission

    Planning Permission was granted in March 2021 for the demolition of the existing buildings and erection of a 3-storey building comprising 31 units of student accommodation and ground floor commercial space.

    Further information and plans are available from the agent or can be downloaded directly for Birmingham City Councils Planning portal by using the Planning Application Number: 2020/04405/pa.

    VAT

    We understand VAT is not payable on the purchase price.

    Tenure

    The property is held Freehold under two tiles, these being WK179997 and WK177831.

    Services

    We understand that all mains’ services are connected on, or adjacent to the subject property.

    The agent has not tested the suitability of the connections and recommends that all interested parties carry out their own investigations.

    Legal Costs

    Each party are to be responsible for their own legal costs incurred during this transaction.

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    Siddall Jones Limited, B18 on +44 121 659 8498 * (local rate)

    Contact Siddall Jones Limited about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Siddall Jones Limited, and do not constitute property particulars. Please contact Siddall Jones Limited for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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