Mixed Use
DRAFT DETAILS - The property comprises a two storey detached property offered with vacant possession. The property is centrally located along the busy Birmingham New Road in Tipton a short distance from The Tipton Tran station and Dudley Town Centre. The property is set back from the road with its own driveway within an area of mainly residential dwellings.
Comprising a retail unit benefitting from a roller shutter, kitchen and wc along with access to a rear courtyard. The retail area extends approximately 570 sq.ft. and is in a good state of repair ready for re-let.
Located at the rear of the property which extends approximately 360 sq.ft. It has electrical connection and a roller shutter and is separately accessed from the left side of the property behind gates allowing it to be let to a separate tenant subject to obtaining appropriate planning consent
Accessed via a separate door at the front of the property leading to a hallway and kitchen with boiler. The first floor comprises three large bedrooms and a bathroom.
There is parking to the front of the property and to the rear a courtyard and garden.
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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