Land
The site comprises 0.49 acres of cleared land, formerly a factory and office. The site has excellent road frontage onto Straits Road and return frontage to Hopyard Lane. The north and west is bordered by residential properties, including some new infill development and on the opposite side of Straits Road is the Fiddlers Arms Public House.
The site is located on the western side of Straits Road Lower Gornal, at the junction of Hopyard Lane and opposite the Fiddlers Arms Public Arms. The surrounding area is predominately residential in nature. Lower Gornal lies approximately a quarter of a mile to the east and offers a good range of local amenities, including shops, schools, public houses and leisure facilities. Dudley Town Centre lies approximately 2.5 miles to the east.
We understand that the site is Freehold. Confirmation in respect of tenure and any other legal aspect or requirements, please refer to the legal pack.
Mains services are understood to be available in the vicinity of the site, but prospective purchasers should make their own independent enquiries as to the suitability of services for their particular requirements.
Prospective purchasers 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.
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.
Any plans provided with these particulars are for identification purposes only and their accuracy is not guaranteed.
We understand that VAT will not be charged on this transaction, however all interested parties should seek their own verification by reference to the legal pack.
External viewings only.
Freehold. Vacant possession upon completion.
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.
