Commercial Development for saleMill Street, Kidderminster, DY11 6XB
Guide Price* £100,000
- A Freehold Commercial/Residential Development Opportunity with planning permission for the development of 2 No. retail Shops (Class A1) with 6 No, Two bedroom Apartments above
- We understand that the property is Freehold and that vacant possession will be given on completion. For further information in respect of tenure and any other legal aspects and requirements please...
A Freehold Commercial/Residential Development Opportunity with planning permission for the development of 2 No. retail Shops (Class A1) with 6 No, Two bedroom Apartments above
We understand that the property is Freehold and that vacant possession will be given on completion. For further information in respect of tenure and any other legal aspects and requirements please refer to the legal pack.
The property comprises a vacant site fronting onto Mill Street and to the north of Parkbutts Ringway with vegetation to part. The site is very broadly triangular in shape and extends to about 0.12 Acres (0.05 Hectares) or thereabouts.
The property is located off Mill Street a short distance from the junction with Lower Mill Street and a short distance from Crossley Retail Park, where retailers such as Sainsburys, Currys PCWorld and Halfords are situated and also the central shopping area and town centre of Kidderminster.
The property is situated in Kidderminster and any planning enquiries should be directed to Local Planning Authority, Wyre Forest District Council.
We are also informed that Planning Permission (Reference 15/0241/Full) for the Proposed development of 2 No. Retail shops (Class A1) with 6 No. Two bedroom flats over' was granted subject to conditions by the Council on 10th August 2015.
Interested parties must make their own enquiries of the Local Planning Authority (Wyre Forest District Council) in respect of planning and independently satisfy themselves as to the suitability of the site for any development or use they propose.
Mains services are believed to be available within the vicinity of the property but interested parties should independently satisfy themselves as to the availability and suitability of any mains services for their particular requirements.
Ground Conditions & ContaminationProspective purchasers must undertake their own investigations relative to ground conditions and contamination and independently satisfy themselves as to suitability of the site for any use or development they may propose.
Rights of Way, Wayleaves, Easements, Restrictive Covenants etc.The property is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants etc. which may exist whether mentioned in these particulars or not.
Value Added Tax
We are informed that VAT will not be charged on this Lot, but for confirmation on the position, please refer to the legal pack.
External Viewings Only
* Definition of Guide Prices
The guide price is an indication of the seller’s reserve price and is given to assist prospective purchasers. It is usual, but not always the case, that a provisional reserve is agreed between the seller and the auctioneer at the start of marketing. The guide price can be adjusted by the seller at any time up to the day of the auction in light of the interest shown during the marketing period. The guide price can be shown in the form of a minimum and maximum price range within which an acceptable price (reserve) would fall. Please note the reserve price will not exceed the top end of the guide price but the actual sale price can exceed the guide price. On occasions the sale price does exceed the guide price significantly.
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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 Bigwood Auctions, Birmingham on 0121 233 5046.
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