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211 Chester Road North, Kidderminster, DY10 1TN

Lot no: 43 Sold at Auction for £124,000
 

Guide Price £110,000+ 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.

Thursday 23rd May 2019

11.30am
Key Features
  • A three storey terraced public house
  • Vacant possession upon completion
  • Potential for alternative uses (stpc)
  • Rear garden
  • EPC Rating: D
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Sold at Auction for £124,000

Pub

Property Description:

The property comprises of a three-storey terraced building surmounted by a pitched and part flat roof located on the Chester Road, Kidderminster. Upon inspection the pub was trading as the Chester Tavern serving drinks only. Vacant possession will be given upon completion.

The building is accessed via the Chester Road and can also be accessed via an alley way leading from Offmore Road to the rear Garden.

We feel that the building would lend itself well to a mixed-use development or change of use subject to obtaining appropriate planning permission.

Ground Floor:

A seating area with a central Bar leading to rear storage, male and female WCs and access to a cellar and a rear garden.

First Floor:

Accessed from an internal staircase leading to a landing, two large reception rooms, kitchen and bathroom.

Second Floor:

Two double bedrooms both beneftting from box rooms extending into the eves of the building.

Outside:

Garden to the rear with parking to the front.

Location:

The property is located on the Chester Road approximately half a mile from Kidderminster town centre in an area of residential housing. Kidderminster train station is a quarter of a mile from the property.

Tenure

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

Value Added Tax

We understand that VAT will not be chargeable on this transaction

Tenure:

Freehold.


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.