Plot of Land
Description
Comprising all that freehold land interest ( shown tinted in red on the display plan forming part of a larger title area of land). The freehold land interest being sold at auction is situated in a very busy main road shopping junction mainly fronting Longbridge Lane and ending at the junction of the High Street. As shown in the picture the freehold land interest mainly runs towards the side and curves to the front of the Sainsbury/Argos corner building.
The land/road surface is used by Birmingham Council. Longbridge Lane is adopted and is currently maintained by Birmingham City Council at public expense. Under current UK Common Law and as stated under Section 263 (1) of the Highways Act 1980 , the freeholder of the land (meaning the successful auction buyer of this lot) will still own the freehold interest to the unused land interest below ground sub soil level and the remaining unused airspace above the road /pavement surfaces not needed for maintenance. Buyers are to rely solely on their own enquiries as to any potential alternative future change of uses of any part of the land or the air space above.
Please note that any description details, photographs or plans are for indicative display purposes only and do not form part of any contract.
Location
Only a few minute's walk down the road from Longbridge Train Station itself and being located at the junction of the busy High Street and Longbridge Lane.
Longbridge is a popular Birmingham commuter suburb historically known as being the home to the World Famous MG Rover Motor Company & British Leyland. The area has since been considerably redeveloped and remains a popular residential and commercial location as well as having excellent transport links by rail and road including the well known A38 trunk road which is only a few minutes away by road.
Major retailers In the immediate vacinity include Sainsburys/Argos and Marks & Spencer who are represented in the High Street itself.
Tenure: Freehold
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£1,200 inc vat payable upon the fall of the virtual gavel
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- Unconditional (Immediate Exchange)
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