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Mixed Use in Wolverhampton

52 Ward Street and Adjoining Parcel of Land, Ettingshall, Wolverhampton, WV2 2NT

Lot no: 20 Property type: Mixed Use Auction type: Unconditional with Fixed FeeWhere exchange occurs immediately on the fall of the gavel. The successful bidder will be legally obliged to exchange contracts, pay a 10% deposit (subject to a minimum of £5,000) together with the buyers fee of £1074 and complete within a set time period.

Guide Price* £130,000+plus fees Result Re-entry to a future auction



A freehold former fish and chip shop along with separate flat above and adjoining land, thought suitable for the creation of a separate dwelling, subject to obtaining the appropriate planning permission.

Property Description

The property comprises a mid-terrace two storey brick built building surmounted by a pitched roof, along with a separate parcel of land located at the end of the terrace of properties opposite the junction with Sidwick Crescent.

Ground Floor:

The commercial accommodation is accessed via an entrance off Ward Street and comprises a former fish and chip shop extending to approximately to 550 square feet, complete with kitchen area with full extraction, WC and storage. The shop benefits from rear access and a garden area.

First Floor:

The residential accommodation is accessed from a separate door with stairs leading to a one bedroomed flat with kitchen, bathroom and lounge. The apartment was part completed upon inspection.

Adjoining Land:

The land is accessed off Ward Street with its junction opposite Sidwick Crescent and comprises a flat parcel of land that connects to the garden of 52 Ward Street.

We feel that the land could be either sold off separately or utilised to build a property on, subject to obtaining appropriate planning permission.

Location:

The property is located in Bilston within a parade of shops and mixed used premises. The area has been regenerated with a new housing estate close to completion. This puts the property in the centre of the new community.

Value Added Tax:

We understand that VAT will not be chargeable on this transaction.

Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

Tenure

Freehold.


Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.

Energy Performance Certificates
EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.

Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.

Auction Fees
The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.