Being Sold via Secure Sale Online Bidding. Terms & Conditions Apply. Starting Bid £170,000

An opportunity to acquire the freehold interest of Bentley House, situated in a convenient location within Birmingham.

The property is sold subject to an existing long leasehold interest and provides an established ground rent income, making it an attractive low-management investment opportunity.

The property is currently held on a lease for a term of 125 years from 3rd November 2006, with approximately 105 years remaining unexpired. The lease produces a current ground rent income of £2,000 per annum, payable by the leaseholder, with rent reviews scheduled every 10 years in accordance with the lease terms.

This investment offers purchasers a secure passive income stream together with the long-term benefit of owning the freehold reversion.

Key Features:
- Freehold investment for sale
- Ground rent income of £2,000 per annum
- Long lease of 125 years from 3rd November 2006
- Approximately 105 years unexpired
- Rent review provisions every 10 years
- Established leasehold arrangement
- Low-management investment opportunity
- Birmingham location

Tenure: Freehold, subject to an existing leasehold interest.

Auctioneer's Comments:

This property is being sold via Pattinson Auction under conditional (Modern) or unconditional (Traditional) auction terms. Interested parties should review the applicable auction terms and Legal Pack before bidding.

The advertised price is a Starting Bid/Guide Price and is subject to a confidential Reserve Price. The auction may close early if an acceptable offer is received.

The successful purchaser will be required to pay a non-refundable 5% deposit upon exchange of contracts. A reservation fee of up to 6% including VAT (subject to a minimum fee which may be up to £7,200 including VAT) will also apply. Please refer to the Legal Pack and auction terms for full details.


Tenure: Leasehold (125 years)