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Former Builders Yard, Station Road, Albrighton, WV7 3DS

Lot no: 183 Sold Prior to Auction
 

Guide Price £270,000 plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 24th June 2021

10.00am
Key Features
  • Former Builders Yard
  • Planning Permission for 8 Residential Dwellings
  • Close to School and Amenities
  • EPC Rating: N/A
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Sold Prior to Auction

Land

Property Description:

Former builders yard with planning permission granted for 8 residential dwellings, located within a popular and affluent commuter village.

The site was previously used for many years as a building contractors's yard and premises.
The main site which is accessed off Station Road via a private driveway of approx. 240m, presently comprises a modern two storey office building, a workshop and several brick built storage buildings with surfaced circulation areas.


Also included within the title is the former weighbridge building which is situated at the entrance of the driveway fronting onto the junction between Station Road and Shaw Lane.

The site is located within walking distance of Albrighton village centre, which boasts many local amenities, including; chemists, post office, bank and many pubs and restaurants.

The area is served well by both state and private sector schools and Albrighton itself has five educational establishments; Albrighton and Donington Nursery, St Mary's Church of England Primary School, Albrighton Primary School, Birchfield School and St Mary's Nursery Group

Albrighton train station serves commuters in, and local to, this Shropshire village, offering connections to Wolverhampton, Birmingham New Street and Shrewsbury. The fastest journey time to Wolverhampton is 15 minutes and to Birmingham New Street is 34 minutes, making Albrighton a popular dormitory village for commuters.

Tenure:

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 Variable Fee (England and Wales).

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 fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 Price
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.