Leisure Facility
A Former Social club located in Erdington, offered with vacant possession upon completion. We have been advised that the Club was trading up to September 2022 and appeared in generally good condition when inspected in February 2023
Description
The two storey detached building occupies a prominent position along Anchorage Road and the site itself extends approximately 0.55 Acres (2,211m2). The building itself has a footprint of 683m2 (7,534ft2)
Accommodation
The accommodation is accessed via a door fronting Ancorage Road leading to a hallway giving access to the first floor and
Function Room 1 - With access to main Bar, Male / Female WC, Suspended Ceiling extending approximately 171sqm (1840 sq ft)
Cellar - Dry with Coolers (not tested) Cold Room (not tested) service lift (not tested)
Kitchen - with Stainless steel fixtures and fittings, Extraction, and commercial standard flooring 28 sq. m (301sq.ft) all not tested.
Main Bar with separate Glass Washroom, pumps and service hatches and service lift
Bar seating area 45sq.m (484sqft)
Sports Room with access to bar 182sq.m (1959sqft)
Rear Office with separate access to entrance hallway 27sqm (290sqft)
Second set of Male / female WC
First Floor
Function Room 1 with fire escape 32sqm (344 sq. Ft)
Function Room 2 with Bar and service lift 25 sq. m (269 sq. ft)
Male / Female WC
Externally
There is a substantial garden area to the rear of the property along with car parking to the side. We noted a small single garage to the end of the garden (not inspected)
A decking area has been erected to the immediate rear of the property providing a smoking / sitting area.
Location
The property is located in Stockland Green suburb of Erdington, some 3 miles South of Birmingham City Centre. The area comprises mainly terraced housing with some local retailers within the wider vicinity. There is a demand for schools, nurseries and community centres within this location and we feel the site poses an opportunity to create a scheme to benefit the community along with a residential scheme. This is subject to obtaining planning consent.
Value Added Tax
We are advised that VAT is not applicable
Freehold. Vacant possession upon completion.
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.
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 and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
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.
