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Commercial Property for sale

High Street, Cradley Heath, B64

Sold STC £50,000

Property Description

Key features

  • A Vacant Freehold Mid Terraced Retail Property
  • EPC Rating: D.

Full description

Sold at auction on Wednesday 6th September 2017 at Birmingham Auction for £89,000.

A Vacant Freehold Mid Terraced Retail Property

A mid terraced two storey retail unit of brick construction, surmounted by a pitched tile clad roof, forming part of a shopping parade. The property benefits from a double glazed frontage with electric roller shutter, having parking located to the rear access via a service road.


Ground Floor

635 sq.ft. (58.99 sq.m.) approx. comprising Retail Area, Rear Store/Office Area, Kitchen and WC.


First Floor

Three Rooms/Offices.


Outside

Car Parking and Yard to rear.


Location

The property is located in Cradley Heath High Street, off the B4173 and Corngreaves Road and contains a wide range of local shops and amenities.


Tenure

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


Viewings

Strictly by arrangement with the Auctioneers.


Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.


*Guide Prices and Reserve Prices

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.sdlauctions.co.uk


Energy Performance Certificates

EPCs can be viewed in full on our website www.sdlauctions.co.uk on the sales details page or in the legal pack.


Note

Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or credit card deposits.

The sale of each lot is subject to a buyer's fee of £795 (plus VAT) payable on the fall of the hammer.


Auction Fees

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website, www.sdlauctions.co.uk or to find out more about any additional fees associated with this property please contact the auction office.



Map & Street View

Disclaimer - Property reference bigwood_1440891_3198. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SDL Auctions Bigwood, Birmingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call SDL Auctions Bigwood, Birmingham on 0121 233 5046.


Map data OpenStreetMap contributors.