An attractive commercial property in the historic heart of Birmingham's Jewellery Quarter is set to go under the hammer in a pre-Christmas auction.
Prime Location and Auction Details
The retail and office unit at 34 Tenby Street will be a featured lot in Bond Wolfe's upcoming auction on Wednesday, 10 December. The property will enter the sale with a guide price of £230,000 plus. The auction is scheduled to commence at 8.30am and will be livestreamed, with remote bidding available via proxy, telephone, or the internet.
Ian Tudor, commercial auction director at Bond Wolfe, highlighted the appeal of the site. "This is an attractive, well-presented retail and office unit which is part of the Badge Works development in the Jewellery Quarter," he said. "The property has most recently been used for beauty treatments but would suit a variety of retail or office uses, subject to planning permission."
Property Features and History
The unit offers a versatile space spread across several floors. The main retail and office area covers 557 sq ft. This is complemented by a fully fitted basement of 197 sq ft, which includes a staff room, kitchen, and toilet. A spiral staircase leads up to a mezzanine floor providing a further 368 sq ft of space.
The property is held on a long leasehold of 999 years from 1 January 2014, with an annual service charge of £1,804.17. It forms part of the Badge Works development, a £1.45 million scheme completed in 2014 that transformed a derelict badge manufacturing plant into a mix of townhouses, offices, and workspaces.
Investment Opportunity in a Vibrant District
Strategically located on the eastern side of Tenby Street, between Tenby Street North and Albion Street, the unit is just a short walk from the popular St Paul's Square. Its position in the Jewellery Quarter makes it a compelling proposition for investors and business owners seeking a foothold in one of Birmingham's most distinctive and creative districts.
This lot is one of 175 properties appearing in Bond Wolfe's December auction. Prospective bidders can find more details, view the catalogue, and register to bid on the Bond Wolfe website, by emailing auctions@bondwolfe.com, or by calling 0121 312 1212 or 01902 928 510.
