Mixed Use in West Bromwich

163-165 High Street, West Bromwich B70 7QX
  • Property Type: Mixed Use
  • Contract Type: Unconditional with Variable Fee

Guide Price* £425,000+ plus fees

Property Description

Property Description: A freehold part single and part two storey mixed use property located along High Street in West Bromwich consisting of 3 commercial units and 4 apartments. The seller understands that the property is offered let producing £62,400 per annum though they have not had sight of the agreements. Interested parties are advised to inspect the legal pack for more information. Prospective buyers must make all necessary independent enquiries prior to placing their bid, as this will be binding. Note Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding. Unit 1 511 sq.ft - The seller understands it is let on a 5 year lease commencing August 2019 at £800 per calendar month. Unit 2 411 sq.ft - The seller understands that Unit 2 and 3 are let on a lease renewable every 12 months at £2,000 per calendar month. Unit 3 389 sq.ft Studio Apartment 1 275 sq.ft -The seller understands it is let Assured Shorthold Tenancy believed to be rolling at £600 per calendar month. Studio Apartment 2 235 sq.ft - The seller understands it is let Assured Shorthold Tenancy believed to be rolling at £600 per calendar month. Studio Apartment 3 265 sq.ft - The seller understands it is let Assured Shorthold Tenancy believed to be rolling at £600 per calendar month. Studio Apartment 4 198 sq.ft - The seller understands it is let Assured Shorthold Tenancy believed to be rolling at £600 per calendar month. TOTAL SQUARE FOOTAGE 2,284 sq.ft (or thereabouts). Council Tax The council tax band is showing on the register as deleted. Prospective buyers should make their own enquiries of the council.

Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). 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 auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s 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.

Auction Details

Date 31st July 2025

Venue National Property Auction
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

163-165 High Street, West Bromwich B70 7QX