Residential Development
Residential development opportunity consisting of a former Public House situated on a site measuring approximately 0.94 acres. Planning permission has been granted for the demolition of the existing building and the erection of nine 2 bedroomed apartments with associated parking.
The accommodation currently comprises bar/restaurant, wc facilities, catering kitchen and office. Private three bedroomed living accommodation with large lounge, kitchen, utility room and bathroom. Outside there is access to the cellar, conservatory area, enclosed patio, garden area and car park. Extra car parking available across the road.
Planning details: Planning permission was granted by South Staffordshire District Council on 19 July 2018 under planning reference: 18/00107/FUL
Situated half a mile from the popular village of Essington. It lies a short distance from the M6 motorway, which is easily accessed by the A462 at junction 11.
We believe the property could be suitable for a variety of alternative uses, subject to obtaining the appropriate planning permissions.
If built in accordance with the existing planning permission, the accommodation would comprise:
Each to Comprise: Lounge, Kitchen, Two Bedrooms, Bathroom
Parking, Cycle and Bin Storage.
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.
