Every property 'cash-strapped' city council is selling at next auction

NINE LOTS ARE UP FOR GRABS AT BOND WOLFE'S NEXT AUCTION ON THURSDAY, JULY 10 05:30, 01 Jun 2025 'Cash-strapped' Birmingham City Council has listed nine more lots at auction.

The new set of assets to go under the hammer includes a Grade II Listed Georgian building, three-bedroomed properties, commercial investments and land. The properties and land are up for

grabs at Bond Wolfe's next auction on Thursday, July 10. READ MORE: BIRMINGHAM 24-HOUR SHOP ORDERED TO TEMPORARILY CLOSE AFTER 'NUMEROUS COMPLAINTS' BirminghamLive has taken a

look at the latest sites for sale via the city council. 362 MOSELEY ROAD, BALSALL HEATH Article continues below A freehold commercial investment in Birmingham being sold on behalf of the

city council. The building on Moseley Road, Balsall Heath, is listed as being available with a guide price of £275,000. The Grade II Listed Georgian building is currently utilised as

educational offices. It has a current gross income is £17,500 per annum. The freehold is subject to the existing tenancy. The property is let on a 10 year Lease from August 1, 2014. 4 TENNAL

DRIVE, HARBORNE A vacant freehold semi-detached property is up at auction for offers of £145,000 plus. The three-bedroomed home stands back from the road behind a driveway and foregarden.

The property benefits from gas fired central heating and UPVC double glazing. However, Bond Wolfe says it is in need of refurbishment. 126 YARNFIELD ROAD, TYSELEY A three-bedroomed detached

property is listed as a guide price of £100,000. It stands back from the road behind a driveway off Yarnfield Road, Tyseley. The property features a hall, two reception rooms, dining kitchen

with pantry. It also benefits from gas fired central heating and UPVC double glazing. 64 REA STREET SOUTH, BIRMINGHAM A freehold commercial ground rent investment secured on retail premises

for over £575,000. The business will remain unaffected. Site area 2,466 sq.m. (26,543.80 sq.ft.) or thereabouts. Freehold is subject to a lease for a term of 100 years from May 8, 2015 (90

years unexpired), at a ground rent of £23,500 per annum, subject to reviews every seven years. 92 WEOLEY CASTLE ROAD, BIRMINGHAM A freehold retail ground rent investment secured on retail

premises for £25,000+. The business will remain unaffected. Site area 267 sq.m. (2,873.96 sq.ft.) or thereabouts. Freehold subject to a lease for a term of 99 years from March 25, 1933 (7

years unexpired), at a ground rent of £16 per annum. 94 WEOLEY CASTLE ROAD, BIRMINGHAM A freehold retail ground rent investment can be secured on retail premises for £25,000+. The business

will remain unaffected. Site area 273 sq.m. (2,938.55 sq.ft.). Freehold is subject to a lease for a term of 99 years from March 25, 1933 (7 years unexpired), at a ground rent of £16 per

annum. LAND AT VILLA STREET, LOZELLS A relatively rectangular plot of land, which may be suitable for a variety of uses, subject to obtaining the necessary planning consents. The land is

situated on the corner of Villa Street and Nursery Road (B4515) which runs off Hunters Road close to Hockley Circus roundabout (A41/B4100). The guide price is listed at £445,000. LAND

ADJACENT TO 79 BELCHERS LANE, BIRMINGHAM An irregular plot of land, which may be suitable for a variety of uses, subject to obtaining the necessary planning consents, for £100,000 plus. It

is on a freehold basis and a vacant possession upon completion. The site extends to approximately 1,735 sq.m. (18,675.38 sq.ft.) or thereabouts. The site may be suitable for a variety of

uses, subject to formal planning consent being obtained. Such uses to include educational, community or residential. Bond Wolfe says there's no guarantee or warranty is offered in

respect of such consents being available. LAND AT 245-251 SPRING ROAD, TYSELEY, BIRMINGHAM A relatively rectangular plot of land, which may be suitable for a variety of uses, subject to

obtaining the necessary planning consents for more than £100,000 plus. Again on a freehold basis is a vacant possession upon completion. The site extends to approximately 737 sq.m. (7,933

sq.ft.). The site may be suitable for a variety of uses, subject to formal planning consent being obtained. No guarantee or warranty is offered in respect of such consents being available.

Article continues below Bond Wolfe says: "Certain mains services are understood to be available in the vicinity of the site, but prospective buyers should make their own independent

inquiries as to the suitability of services for their particular requirements. "Prospective buyers must undertake their own investigations with regard to ground conditions and

contamination and fully satisfy themselves as to the suitability of the site for any use they may propose."