1A Salisbury Street, Wednesbury WS10 8BQ

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.

This property comprises of a single storey lockup shop of brick construction with a slate roof tile covering.

It benefits from mains gas, electricity, water and drainage.

The property was last used as a café where the kitchen area is separated from the seating area by a partition wall.

The premises also benefits from a W/C and on-street car parking.

The vendor has advised the property benefits from having A5 consent and is able to open weekends, bank holidays and late until 12am. Before trading as a cafe the premises traded as a fish and chip shop for 10 years.

NOTE TO BUYERS Buyers are referred to the Drainage Search within the legal pack. The seller has confirmed that the property is connected to mains water and sewers, that the property was initially tenanted and that they have not received a bill during their 20 year ownership. The seller has spoken to Severn Trent who have clarified that there is a supply and they have stated that they will produce a bill moving forwards for the new owner. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure: Freehold

EPC Rating: C

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.

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 (subject to a minimum of £6,000 inc. VAT). 

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.