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55/56 Lower High Street, Wednesbury, WS10 7AL

Lot no: 80 Sold at Auction for £180,000
 

Guide Price £150,000 - £175,000 plus fees


Thursday 4th May 2017

11.00am
Key Features
  • A Freehold Residential Development Opportunity with Planning Permission for part demolition of buildings, retention of street frontage, conversion and construction to create 14 No. Apartments.
  • EPC Rating: D & G
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Sold at Auction for £180,000

Residential Development

Property Description:

The property comprises a prominent property fronting onto Lower High Street in Wednesbury town centre situated on a site extending to about 0.12 Acres (0.05 Hectares) or thereabouts with the benefit of planning permission for conversion/development of 14 No. apartments. The property is understood to have previously been used as a Doctors Surgery but the buildings have been subject to vandalism and require comprehensive renovation.

Location

The property is located in Wednesbury town centre about 6 miles to the south east of Wolverhampton City Centre. Other centres such as West Bromwich, Walsall and Birmingham are about 3, 3 and 8 miles respectively and Junction 9 of the M6 Motorway is about 1.5 miles.

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.

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.

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. We are however informed that there is a right of way over land to the rear of the existing buildings benefiting adjoining properties. For further information in this regard please refer to the legal pack.

Town Planning

The property is situated in Wednesbury and any planning enquiries should be directed to Local Planning Authority, Sandwell Metropolitan Borough Council.
Part of the property is understood to be situated within the Wednesbury Conservation Area.
We understand that Planning Permission for ‘proposed demolition of buildings, retention of street frontage, conversion and construction to create 14 dwellings (10 No. 1 bed studios, 1 No. 1 bed flats & 3 No. 2 bed flats) granted by Sandwell Metropolitan Borough Council on 13th January 2017.

Value Added Tax

For information in respect of VAT please refer to the Special Conditions of Sale in the Legal Pack.

Viewings

Strictly by arrangement with the Auctioneers.

Tenure:

Freehold.