The Solihull property set to be listed for just £1 at auction - photos

The long leasehold on the tiny building located adjacent to 38 Dingle Lane will appear in the livestreamed auction on Thursday, May 15.

The vacant property is on the ground floor only and contains the former cleaner’s storeroom, which includes a sink, plus a cupboard and a toilet.

Craig Upton, marketing director at Bond Wolfe, said: “This is an unusual property that used to be the storeroom and operating base for a cleaner of various adjacent properties.

“It’s now vacant, but might be an interesting place to develop for various uses, subject to planning permission.” The former cleaner’s storeroom comes with a new lease term for 125 years.

This will be subject to ground rent of just £150 per annum for the first 25 years, rising by £50 every 25 years, plus a service charge of approximately £389.98 per annum.

The tiny Solihull property will be among scores of lots appearing in Bond Wolfe’s next auction, which is due to start at 8.30am on Thursday 15 May.

The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet.

For more details and to register to bid visit https://www.bondwolfe.com/auctions/properties/, email [email protected] or call or call 0121 312 1212 or 01902 928 510.