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Former Workshop Buildings R/O 41 & 47 Clarendon Street, Bloxwich, WS3 2HT

Lot no: 98 Unsold
 

Guide Price £90,000 - £100,000 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 23rd May 2018

10.00am
Key Features
  • A Freehold Development opportunity having the benefit of planning permission
  • to convert former workshops to provide 2 no. retirement homes
  • and could be suitable for alternative uses/schemes subject to obtaining any necessary planning permissions or consents
  • EPC Rating:
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Unsold

Residential Development

Property Description:

The property currently a range of characterful and redundant workshop buildings requiring renovation situated on a site extending to about 0.11 Acres (0.04 Hectares) or thereabout for which planning permission has been granted for their conversion to provide 2 No. retirement dwellings.

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.

Location

The property is located to the rear of 41 & 47 Clarendon Street with access via a driveway from Clarendon Street.

Other centres such as Birmingham, Wolverhampton, Walsall and Sutton Coldfield are about 14, 6.5, 3 and 13 miles respectively whilst Junction 10 of the M6 Motorway is about 3 miles.

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.

Town Planning

The property is situated in Bloxwich and any planning enquiries should be directed to Local Planning Authority, Walsall Borough Council.

We understand however that Planning Permission Ref No.18/0048 for ‘conversion and demolition of existing redundant workshop buildings and infill extension to create 2 No. 1 bedroom retirement dwellings’ was granted by subject to conditions by Walsall Council on 11th April 2018.

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

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. 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.