Residential Development
The site comprises a rectangular shaped plot of land which is relatively flat, containing a prefabricated former Church Hall. The site benefits from good access with planning permission for the creation of 3 x one bedroomed apartments, 19 x two bedroomed apartments and 4 x three bedroomed apartments.
Planning Permission has been granted subject to conditions by Walsall Council dated 8 February 2019 for the residential development of 26 apartments within 3 blocks, 3 x 1 bed, 19 x 2 bed and 4 x 3 bed with associated parking and landscaping under reference 16/1910. Interested parties should direct any enquiries to the Local Authority Tel: 01922 652677.
The site is located in Willenhall and can be accessed via Rugeley avenue by the junction with Forest Gate.
Services are believed to be available within the vicinity of the site; however, interested parties should independently satisfy themselves as to the availability and suitability of any services for their Specific requirement.
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.
We are advised that VAT will not be chargeable on this transaction.
The site is open for viewings.
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.
