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95a New Road, Kidderminster, DY10 1AE

Unsold, the last bid was for £160,000. Please refer to Auctioneer for Reserve.
 

Guide Price £180,000-£195,000 plus fees


Thursday 20th October 2016

11.00am
Key Features
A Freehold Town Centre Retail & Residential Conversion Opportunity
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Unsold, the last bid was for £160,000. Please refer to Auctioneer for Reserve.

Commercial Development

Ground Conditions & Contamination

Prospective purchasers must undertake their own investigations relative to ground conditions and contamination and independently satisfy themselves as to suitability of the site for any use or development they may propose.

Is Preliminary Lot

False

Location

The Property which is situated in Kidderminster Town Centre fronts onto New Road opposite to one of the town centres public car parks. It also has rear elevations, facing towards Kidderminster College and the various retail uses, including Wilko and Iceland, across a further town centre public car park accessed off Market Street.
Other centres such Birmingham, Stourbridge and Worcester are about 18, 7 and 14 ½ miles respectively.

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Plans & Aerial Photographs

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

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Value Added Tax

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Viewings

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Any plans and/or aerial photographs provided with these particulars are for identification purposes only and their accuracy is not guaranteed.

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The property is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants etc. which may exist whether mentioned in these particulars or not.

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For information in respect of VAT please refer to the Special Conditions of Sale in the Legal Pack.

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Strictly by arrangement with the Auctioneers.

Planning

The property is situated in Kidderminster and any planning enquiries should be directed to Local Planning Authority, Wyre Forest District Council.
It is understood that the property presently has the benefit of Planning Permission for change of use to Class A5 (Hot food takeaways) use on the ground floor, granted by way of Planning Permission No.15/0155/FULL (granted in conjunction with the adjoining fish bar that does not form part of the Lot to be sold) together with certain residential use . The extent of any permitted use should be clarified with the local planning authority and may have potential to be re-planned subject to obtaining any necessary planning permission and other consents.
We further understand that the building is locally listed.
Interested parties must make their own enquiries of the Local Planning Authority (Wyre Forest District Council) in respect of planning and independently satisfy themselves as to all aspects of planning and the suitability of the property for any development or use they propose.

Property Description

The property, which originally formed part the former Corn Exchange Public House, comprises a prominent three storey building having a ground floor area of approximately 963 Sq Ft (89.5 Sq M) NIA or thereabouts.
Internally the building has been subject to certain conversion works/alterations which have only been partly completed and remain to be finished. This in particular includes the first and second storey accommodation which may have potential to be re-planned subject to obtaining any necessary planning permission and other consents.
The property to be sold also includes an area of land to the rear of the building which it is anticipated can provide car parking access for which would be gained by way of a right of way to be granted over the adjoining property. For details in this regard please refer to the legal pack.

Property Type

Commercial Vacant Possession

Services

Certain mains services are believed to be available within the vicinity of the property but interested parties should independently satisfy themselves as to the availability and suitability of any mains services for their particular requirements.

Tag Line

A Freehold Town Centre Retail & Residential Conversion Opportunity

Tenure

We understand that the property is Freehold. We are also informed that it is to be sold subject to a covenant prohibiting the sale of fish and chips and fast food.
For further information in respect of tenure, details of the covenant and any other legal aspects or restrictions please refer to the legal pack.

Tenure: