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