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Woodside Day Centre, Highgate Road, Dudley DY2 0SZ

Lot no: 9 Sold at Auction for £755,000
 

Guide Price £200,000+ 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 May 2024

9.00am
Key Features
  • Freehold former Day Centre
  • Parking
  • Potential for redevelopment (subject to planning consent)
  • Walking distance to Russells Hall Hospital
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Sold at Auction for £755,000

Childcare Facility

Property Description:

A freehold former Day Centre and land located along the Highgate Road in Dudley within a popular residential estate and within walking distance of Russells Hall Hospital.

The site extends to 1.27 acres or thereabouts and comprises a substantial detached Victorian building, previously used for Mental Health Services by the Dudley Metropolitan Council along with parking and land.

We feel the site may be suitable for redevelopment or repurposed for other services, all subject to obtaining appropriate planning permission. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.

Interested parties are advised to inspect the legal pack for more information prior to bidding.

Draft Sales Details

These sales details are awaiting vendor approval.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before 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% inc VAT of the sale price, subject to minimum of £1,250 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.