Virtual Freehold Restaurant Investment, Birmingham, B72

14d Birmingham Road, Sutton Coldfield, West Midlands, B72 1QG

A commercial property in Sutton Coldfield (B72), leasehold. Allsop is selling it at auction on Wednesday 11 November, with a guide of £180,000 - £200,000. The stated rent is £20,000 a year, about 11.1% gross on the guide.

Written by Lotwick from the key facts. For the full particulars, see Allsop's lot page.

From the auctioneer's description:Stated rent £20,000 a year · 11.1% gross on the guide

Guide price

£180,000 - £200,000

18days

13hrs

13mins

29secs

Wed 11 NovAdd to calendar

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Status verified with Allsop 1 hour ago

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Location

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Birmingham, B72. Indicative location. Sources

Estimated cost to winPrice, fees and Stamp duty (non-residential)£182,600See breakdown

Est. total£182,600

Price£180,000
Buyer's / admin fee£2,000
Stamp duty (non-residential) estimate£600
Legal pack and searches£0

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Allsop's usual buyer's fees (Residential: £2,000 inc VAT (£300 under £10,000); commercial £1,500 + VAT). Check the lot's legal pack. Estimate only. How fees work