3 bedroom mixed use for sale

Astwood Road, Worcester, WR3

Guide Price* £125,000

Property Description

Key features

  • Freehold investment opportunity
  • Mixed use commercial unit with flat above
  • Three bedroomed accommodation
  • Excellent opportunity
  • EPC Rating: Commercial Unit - D; Flat - E

Full description

For sale by auction on Wednesday 18th December 2019
At Birmingham Auction, Aston Villa FC, Holte Suite, Trinity Road, Birmingham, B6 6HE
Commencing at 11:30 am

A freehold vacant mixed-use investment opportunity comprising a commercial unit and a three bedroomed apartment.

A three storey mid-terrace building of brick construction with a pitched roof, located along Astwood Road, Worcester. We feel the property could be extended to the rear, subject to obtaining planning consent. This would make a great investment opportunity as we have been informed that both the flat and shop have been let previously for £650 each per month


Ground Floor:

Accessed via an entrance fronting Astwood Road, consisting of a shop unit split into two parts with approximate dimensions 330 sq. ft. (30 sq. m.) to the front and 105 sq. ft. (10 sq. m.) to the rear. The unit benefits from storage, kitchen, wc and a yard to the rear.


First Floor:

Accessed via a metal staircase at the rear of the property leading to an entrance hall, kitchen and lounge.


Second Floor:

Accessed via an internal staircase and comprises three bedrooms and a bathroom.


Outside:

There is on street parking to the front of the property with gardens to the rear.


Location:

The property is located along the Astwood Road, between the junction with Church Road and Vauxhall Street within a small parade of local shops. The area is otherwise residential and benefits from good transport links into Worcester and the M5 motorway.


Value Added Tax:

We understand that VAT will not be chargeable on this transaction. All interested parties are advised to refer to special conditions of sale within the legal pack for their own verification.


Viewings:

By appointment with the Auctioneers.


Tenure
Freehold

Viewing Details

Viewings can be booked online at sdlauctions.co.uk/property-auctions/ on the lot details, or by contacting our office.


Legal Pack

The legal pack will be available to download from our website (under the Lot Information section) prior to the auction and the buyer shall be deemed to have knowledge of same whether inspected or not. Any questions relating to the legal pack must be raised prior to the auction. Prospective buyers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The buyer will also be deemed to have read and understood the Buyers Terms printed within the sale catalogue and available under the Lot Information section of our website.


*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. A full definition of the Guide Price and the Reserve Price can be found in the Buyers Terms.


Energy Performance Certificates

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


Auction Type: Unconditional with Fixed Fee

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 buyers 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, please see sdlauctions.co.uk/buy-property/telephone-proxy-internet-bidding/


Auction Fees

The sale of this lot is subject to a buyer’s administration fee of £1074 including VAT (unless otherwise stated in the catalogue description), 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.

Full terms and conditions are available on the SDL Auctions website - sdlauctions.co.uk/wp-content/uploads/2019/04/SDL-Auctions_buyer-terms.pdf



Nearest stations

  • Worcester Shrub Hill (0.6 mi)
  • Worcester Foregate Street (0.9 mi)
  • Droitwich Spa (4.9 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

  • Worcester Shrub Hill (0.6 mi)
  • Worcester Foregate Street (0.9 mi)
  • Droitwich Spa (4.9 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_15394. 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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