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164 High Street, Chasetown, Burntwood WS7 3XG

Lot no: 159 Withdrawn Post for £360,000
 

Guide Price £350,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 30th November 2023

10.00am
Key Features
  • Freehold Vacant Social Club with Flat and Car Parking
  • Burntwood
  • Tenure: Freehold
  • Potential to redevelop (subject to planning)
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Withdrawn Post for £360,000

Mixed Use

Property Description:

A freehold vacant former social club with first floor flat and car parking, thought suitable for a variety of alternate uses subject to obtaining appropriate planning consent.

Ground Floor
Main Function Room:
56.81 sqm (611 sq. ft), with entrance and bar which is shared with function Room two (L-Shaped): 61.60 sqm (663 sq. ft), washroom: 6.46 sqm (69 sq. ft) and beer store: 8 sqm (86 sq. ft),

Rear entrance hall and lobby, ladies & gents toilets, private room: 18 sqm (194 sq. ft), kitchen: 12.55 sqm (135 sq. ft), office (access from car park): 10.32 sqm (111 sq. ft).

First Floor - 164A High Street
Landing/hall with store, lounge, kitchen, two double bedrooms, bathroom with bath, wash basin and WC.

Outside:
Enclosed fore garden, part ownership of access drive and car parking area to side and rear.

Draft Sales Details

These sales details are awaiting vendor approval.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure:

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 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 auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers 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.