Residential Development
The site comprises of a four bedroomed detached house which is currently being used as an office. Planning permission has been granted for the existing building to be demolished and the erection of eight apartments.
Ground Floor: Reception hallway, three offices, kitchen.
First Floor: Landing, four offices, shower room, wc.
Second Floor: Landing, office, storage room.
Outside: Parking for multiple vehicles, driveway.
Planning permission has been granted subject to conditions by Dudley Metropolitan Borough Council dated 9th November 2016 for the demolition of existing building and erection of 8 No. apartments. Interested parties should direct any enquiries to the Local Authority on Tel 0300 555 2345 using reference P16/0869.
The site is located off the New Road which is part of the main Stourbridge ring road. There are many local amenities near by and great transport links.
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.
.jpg){kind=logo}