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Stables & Paddock off Kingshill Drive, Kings Norton, Birmingham, B38 8SA

Sold for for £88,000.
 

Guide Price £75,000 plus fees


Thursday 27th February 2014

11.00am
Key Features
A Long Leasehold Stables & Paddock
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Sold for for £88,000.

Land

Accommodation

A single storey brick built stables in need of some repair, in addition a single storey timber stable and a small brick store, which forms part of the extensive paddock area. It is understood that mains water and electricity are available on site.

Auctioneer's Note (Numbered)

Please note that no offers will be accepted prior or post to the Auction.
The property will be sold on the understanding that the 10% deposit must be paid by a Banker’s Draft made payable to CPBigwood Ltd. No other means of payment will be accepted and failure to do so will result in the property being re-offered for Sale.
In addition to the purchase price, the purchaser will be required to pay the Council’s professional fees of £1,000.

Property Description

A stables and paddock of some five acres, designated for its importance for nature conservation, which will limit the use of the land and buildings. Approach to the land is by an easement over a narrow unmade driveway off a residential cul-de-sac between nos. 26 and 28 Kingshill Drive.

Property Type

Land & Development Opportunities & Garages

Site Area

We understand that the site extends to 5.37 acres (2.17 hectares) or thereabouts.

Tag Line

A Long Leasehold Stables & Paddock

Tenure

The land is offered for sale leasehold. The Council seeks premium offers for the grant of a new 99 year Lease, at a peppercorn ground rent, subject to a restriction that the land and buildings can only be used for the stabling and grazing of horses or other livestock and absolutely no variation from that or any other form of development will be permitted. Vacant possession will be given upon completion.

Viewings

See viewing schedule.

Tenure: