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90 bedroom block of apartments for sale in Threadneedle House, Alcester Street | Vehicle for Sale 1

Knight Frank Auctions, Auctions
£6,000,000

90 bedroom block of apartments for sale in Threadneedle House, Alcester Street

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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.