113 High Street, Brierley Hill DY5 3AU

This property has been postponed from the auction, but remains available. We expect the property to be re-entered into a future auction soon. Please contact the team for further information.

Mixed use vacant property in a central high street location and suitable for development.

The property is spread over 3 floors with the ground floor being a former Butchers shop / retail unit, accessed directly via the high street and has scope to be let out again as a retail unit or has the potential for residential conversion.

The upper floors are accessed via a secure side entrance and offers 3 bedrooms, living room, bathroom and stairs to the top floor.

The property is in need of modernisation or conversion with many options available to an investor/developer.

Additional Information: Construction Material: Standard brick. Heating: TBC. Coverage: Broadband - Standard and Superfast is available in this location. Mobile signal - Vodafone show as high in this area, and EE, Three and O2 as medium. Satellite and Cable - BT and Sky show as available.
Draft Sales Details These sales details are awaiting vendor approval.

Tenure: Freehold

EPC Rating: D and G

Terms:
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 Variable Fee (England and Wales).

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 fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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.