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Residential Development for sale

& Lower High Street, Wednesbury, WS10

Sold STC £130,000

Property Description

Key features

  • A Freehold Residential Development Opportunity
  • Planning permission for 14 Apartments
  • Scope to reconfigure and add additional units stpc
  • Excellent opportunity
  • EPC Rating: 55 -D; 56 - G

Full description

Sold at auction on Thursday 18th July 2019 at Birmingham Auction for £135,000.

A Freehold Residential Development Opportunity with Planning Permission for part demolition of buildings, retention of street frontage, conversion and construction to create 14 No. Apartments.

A prominent property fronting onto Lower High Street in Wednesbury town centre situated on a site extending to about 0.12 Acres (0.05 Hectares) or thereabouts with the benefit of planning permission for conversion/development of 14 No. apartments, with scope to reconfigure and add additional units to existing planning proposal, subject to appropriate planning consents. The property is understood to have previously been used as a Doctors Surgery but the buildings have been subject to vandalism and require comprehensive renovation.


Location

The property is located in Wednesbury town centre about 6 miles to the south east of Wolverhampton City Centre. Other centres such as West Bromwich, Walsall and Birmingham are about 3, 3 and 8 miles respectively and Junction 9 of the M6 Motorway is about 1.5 miles


Tenure

We understand that the property is Freehold. For further information in respect of tenure and any other legal aspects please refer to the legal pack.


Services

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 & Contamination

Prospective 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.


Plans & Aerial Photographs

Any plans or aerial photographs provided with these particulars are for identification purposes only and their accuracy is not guaranteed.


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. We are however informed that there is a right of way over land to the rear of the existing buildings benefiting adjoining properties. For further information in this regard please refer to the legal pack.


Town Planning

The property is situated in Wednesbury and any planning enquiries should be directed to Local Planning Authority, Sandwell Metropolitan Borough Council.
Part of the property is understood to be situated within the Wednesbury Conservation Area.
We understand that Planning Permission for ‘proposed demolition of buildings, retention of street frontage, conversion and construction to create 14 dwellings' (10 No. 1 bed studios, 1 No. 1 bed flats & 3 No. 2 bed flats) was granted by Sandwell Metropolitan Borough Council on 13th January 2017.


Value Added Tax

For information in respect of VAT please refer to the Special Conditions of Sale in the Legal Pack.


Auctioneers Note:

The survey included within the legal pack is for information purposes only and any buyers must rely on their own inspection and survey.


Tenure
Freehold

Viewing Details

By arrangement with the auctioneer or can be booked online


Conditions of Sale

The Conditions of Sale (also known as the legal pack) will be available to download from our website, 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. The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.


*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, 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. 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 the Guide Price and the Reserve Price click here.


Energy Performance Certificates

EPCs can be viewed in full in the legal pack or from the lot information section of our website.


Unconditional Auction Method

Contracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price.

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 cheque deposits. Remote bidding facilities are also available.


Auction Fees

The sale of this lot is subject to a buyer’s administation fee of £1074 including VAT (unless otherwise stated in the important notices), payable on the fall of the hammer.

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 from the lot information section, or to find out more about any additional fees associated with this property please contact the auction office.



Nearest stations

  • Wednesbury Great Western Street (0.3 mi)
  • Wednesbury Parkway (0.5 mi)
  • Swan Lane (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

SDL Auctions Bigwood, Birmingham

155 Great Charles Street Queensway Birmingham B3 3LP

0121 396 0363 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Wednesbury Great Western Street (0.3 mi)
  • Wednesbury Parkway (0.5 mi)
  • Swan Lane (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

SDL Auctions Bigwood, Birmingham

155 Great Charles Street Queensway Birmingham B3 3LP

0121 396 0363 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference bw_birmingham_1446723_13694. 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.


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