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Carlton House, Cable Street, Wolverhampton, WV2 2HX

Lot no: 118 Sold at Auction for £140,000
 

Guide Price in excess of £33,000 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 24th October 2018

10.30am
Key Features
  • A Vacant Freehold Commercial Unit
  • EPC Rating: See Legal Pack.
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Sold at Auction for £140,000

Commercial Property

Property Description:

The property comprises of a brick built two storey unit currently configured as part storage and office space to the ground floor and storage to the first floor.

The unit is accessed via a roller shutter and benefits from separate side entrance and yard area. The ground floor accommodation has been divided with partition walls allowing for easy reconfiguration with kitchen and wc facilities currently in place.

The ground floor accommodation has an approximate GIA of 2,500 sq.ft (232 sq.m)

The first floor accommodation has an approximate GIA of 2,400 sq.ft (222 sq.m) and is accessed via an internal stair case to the rear of the unit

Ground Floor

Entrance Hall with roller shutter, Three Offices, Kitchen, Male and Female WC's and access to Warehouse/Workshop in two sections with roller shutter entrance.

First Floor

Mezzanine floor and Stores.

Tenure

We understand the property is Freehold and vacant possession will be given upon completion.

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.