Mixed Use
The property comprises a brick built two story building surmounted by a pitched roof.
The property benefits from planning permission for the creation of 6 apartments. Interested parties are advised to see the planning application logged under reference P19/0204 via Dudley Metropolitan county Council, Telephone 01384 814136 or
We feel a further 4 units could be also built utilising the space at the rear of the property subject to obtaining the appropriate planning permission.
Retail area of approximately 474 sq foot (44 sq meters) along with further storage of approximately 160 sq feet (15 sq meters). To the rear of the unit are substantial internal freezers.
The first-floor accommodation comprises of lounge, dining kitchen, two bedrooms and a bathroom.
Rear storage facilities along with wc and a secure gated yard with vehicular access.
The property is situated on Castle Street near the junction with Ebenezer street which is accessed via the busy Birmingham New road running between Wolverhampton and Dudley.
We understand the property is Freehold and with vacant possession upon completion.
We understand that VAT will not be chargeable on this transaction.
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.
