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Land R/O 165-179 Baldwins Lane, Hall Green, Birmingham, B28 0PY

Lot no: 58 Unsold
 

Guide Price £60,000 - £80,000 plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Wednesday 18th October 2017

11.00am
Key Features
14 No. Lockup garages situated on a Freehold site extending to about 0.25 acres (0.1 hectares) or thereabouts which may have potential for alternative uses or redevelopment subject to obtaining any necessary planning permission.
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Land

Property Description:

The site comprises an irregular shaped parcel of land accessed from Baldwins Lane upon which are currently situated a 14 No. lockup garages. The site is understood to have a gross area extending about 0.25 acres (0.1 hectares) and may have potential for alternative uses or redevelopment subject to obtaining any necessary planning permission and any other necessary consents.

Location

The property, which is located Hall Green, is situated in a predominantly residential locality and adjacent to Chilcote Primary School. It is accessed off Baldwins Lane by a driveway between No. 179 and 181 Baldwins Lane.
Other centres such as Birmingham City Centre, Solihull and Kings Heath are about 5, 3 and 3 miles respectively and Junction 4 of the M42 Motorway is about 4 miles distant.

Tenure

We understand that the property is Freehold. For further information in respect of tenure and any other legal aspects please refer to the legal pack.

Town Planning

The property is situated in Hall Green and any planning enquiries should be directed to Local Planning Authority, Birmingham City Council.

The property currently comprises 14 No. lockup garages and may have potential for alternative uses or development subject to obtaining any necessary planning permission.

Interested parties must make their own enquiries of the Local Planning Authority in respect of planning and independently satisfy themselves as to the suitability of the site for any use or redevelopment they may propose.

Rights of Way, Wayleaves, Easements, Restrictive Covenants etc.

The property is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants etc. which may exist whether mentioned in these particulars or not. In particular it is noted that certain rights of way are understood to exist in respect of access over part of the site benefiting certain adjoining properties and the property is sold subject to any such rights etc that exist.

Services

Mains services are believed to be available within the vicinity of the property but interested parties should independently satisfy themselves as to the availability and suitability of any mains services for their particular requirements.

Ground Conditions & Contamination

Prospective purchasers must undertake their own investigations relative to ground conditions and contamination and independently satisfy themselves as to suitability of the site for any use or development they may propose.

Plans & Aerial Photographs

Any plans or aerial photographs provided with these particulars are for identification purposes only and their accuracy is not guaranteed.

Value Added Tax

We are informed that VAT will not be chargeable on the purchase price but for confirmation in this regard please refer to the Legal Pack.

Viewings

Strictly by arrangement with the Auctioneers.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.