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45-47 High Street & 48 Old Lane, Bloxwich, Walsall, WS3 2DD

There were no bids, please refer to Auctioneer
 

Guide Price £250,000-£275,000 plus fees


Thursday 4th September 2014

11.00am
Key Features
A Substantial Freehold Corner Mixed Use Premises, comprising retail area, warehouse and workshops & a newly refurbished self-contained flat
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There were no bids, please refer to Auctioneer

Commercial Property

Location

The property lies in a prominent location, at the junction of Old Lane and the B4210 High Street in Bloxwich, which lies approximately 2 miles north of Walsall Town Centre. The property is located within a well established densely developed residential area, where there is also a good mix of local and national traders within the general vicinity. The property is considered suitable for a wide variety of alternative uses or redevelopment, subject to obtaining the appropriate Planning Permission.

Property Description

The property comprises a substantial mixed use corner premises, occupying a prominent position, at the junction of High Street and Old Lane, Bloxwich. The property was previously used as a wedding dress shop and wedding hire car facility and is considered suitable for a variety of alternative uses, subject to obtaining the appropriate Planning Permission.
Internally, the property comprises a well presented retail area to the ground floor, which interlinks with a substantial warehouse and workshop units to the rear. The first floor comprises of a newly refurbished two bedroom flat one of which is en-suite, lounge, kitchen, bathroom and utility area.
The property also benefits from a further separate detached workshop towards the rear of the site and there are two advertising hoardings fronting High Street, which currently produce an annual income of approximately £2,125. We have not had sight of documentation relating to this and all interested parties should seek clarification by reference to the legal pack.

Property Type

Commercial Vacant Possession

Site Area

The property occupies a site of approximately 0.126 acres (0.051 hectares).

Tag Line

A Substantial Freehold Corner Mixed Use Premises, comprising retail area, warehouse and workshops & a newly refurbished self-contained flat

Tenure

We understand that the property is Freehold and vacant possession will be given upon completion.

Value Added Tax

We understand that VAT will not be chargeable on this transaction.

Viewings & Further Details

Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.

Tenure: