Residential Development
A prime development site benefitting from planning consent for 30 units comprising 19 two bedroomed apartments, 7 one bedroom apartments and 4 studio apartments. The building also has space at the rear we feel for another 6 units (subject to obtaining appropriate planning) with car parking for circa 100 vehicles.
The Claughton Centre is a three storey former secondary school built circa 1900 extending approximately 39,000 square feet with an extension build in the 1950s. More recently the building has been used by Dudley Metropolitan Borough Council.
Scaffolding has been partially erected and is paid for up to completion. Should the new buyer wish to keep this in place they will need to make arrangements with the company who has erected it. We have also been advised that one electric connection has been installed.
Interested parties are advised to inspect the legal pack and Dudley Metropolitan Borough Council Planning portal APPLICATION NUMBER: P20/0447 Granted April 2021.
The site sits along Blowers Green Road, Dudley close to the junction with the High Street. Dudley Town centre is a few minutes’ walk and has seen and is undergoing a major regeneration project. This includes transport links into Birmingham City Centre and the HS2 Network. The demand for housing within the area is substantial.
Vacant possession.
We understand that VAT will be chargeable. Interested parties are advised to inspect the legal pack.
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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