Birmingham City Council is offloading six shop units in the sought-after suburb of Harborne, with the properties set to go under the hammer at Bond Wolfe's next livestreamed auction on Thursday, September 10.
The units, located on Harborne Park Road, Albert Walk, and Albert Road, carry guide prices ranging from £100,000+ to £180,000. According to Bond Wolfe, the properties benefit from strong footfall, being situated on a parade just off the bustling Harborne High Street.
Tenants in Place for Most Units
Five of the six units are investment properties with existing tenants, while one is vacant. Gurpreet Bassi, chief executive of Bond Wolfe, highlighted the appeal: “These shop units are on the same parade that is just off the busy Harborne High Street, which means they all enjoy good footfall. Six of the units are investment properties with tenants already in place, while one is a vacant commercial property.”
The sale forms part of a larger disposal of 12 council-owned properties, all appearing in the same auction. Bidding opens at 8:30am on September 10, with remote options via proxy, telephone, or internet through Bond Wolfe's website.
Individual Unit Details and Guide Prices
- 11 Harborne Park Road – Guide price £100,000+. Interior 349 sq ft (site 452 sq ft). Let to Duccio clothing store at £3,900 per annum.
- 13 Harborne Park Road – Guide price £125,000+. Interior 804 sq ft (site 1,173 sq ft). Let to Fur Family Pets at £6,000 per annum.
- 19 and 21 Albert Road – Guide price £180,000+. Two units (431 sq ft and 223 sq ft), let at £5,600 and £2,750 per annum respectively, generating total rents of £8,350.
- 8 Albert Walk – Guide price £125,000+. Interior 374 sq ft. Let to The Walk Men’s Hairdressers at £5,000 per annum.
- 10-12 Albert Walk – Guide price £150,000+. Interior 784 sq ft. Let on a 15-year lease until September 2032 to Gabriels hot food takeaway at £13,500 per annum.
- 23-25 Albert Road – Guide price £150,000+. Interior 1,134 sq ft. Currently vacant; previously let to Alan James Upholstery.
Investment Potential and Auction Logistics
The mix of let and vacant units offers buyers flexibility, whether seeking immediate income or owner-occupation opportunities. The vacant unit at 23-25 Albert Road, with its substantial footprint, could appeal to businesses looking to establish a presence in Harborne.
Interested parties can view full listings and register to bid via Bond Wolfe's website, email auctions@bondwolfe.com, or call 0121 312 1212 / 01902 928 510.
