Commercial Property
The property comprises a prominent, double fronted property, fronting onto Lichfield Street, together with a single storey standalone building to the rear, situated on a site extending to about 0.24 acres (0.1 hectares) or thereabouts and having the benefit of planning permission for 'change of use:- Ground Floor - two separate offices to the front and 2 x 2 flats to the rear. First and Second Floors - 4 x 1 bedroom flats and demolition of single storey building to the rear'. The property is understood to have previously been used for medical purposes and as offices and includes a yard/car parking area to the rear accessed from Whittimere Street.
The property is located fronting onto Lichfield Street in Walsall town centre and in close proximity to the Morrisons store.
Other centres such as Birmingham, Wolverhampton, West Bromwich and Sutton Coldfield are about 10.5, 7.5, 6 and 8.5. miles respectively whilst junction 10 of the M6 motorway is about 2 miles.
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.
Prospective purchasers must undertake their own investigations relative to ground conditions and contamination and independently satisfy themselves as to the availability and suitability of the site for any use or development they may propose.
Any plans or aerial photographs provided with these particulars are for identification purposes only and their accuracy is not guaranteed.
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.
The property is situated in Walsall town centre and any planning enquiries should be directed to Local Planning Authority, Walsall Council.
We understand that Planning Permission Ref No. 17/0294 for 'change of use: Ground Floor - two separate offices to the front and 2 x 2 flats to the rear. First and second floors - 4 x 1 bedroom flats and demolition of single storey building to the rear' was granted subject by Walsall Council on the 25th May 2017.
Interested parties must make their own enquiries of the Local Planning Authority (Walsall Council) in respect of planning and independently satisfy themselves as to the suitability of the site for any development or use they propose.
For information in respect of VAT please refer to the Special Conditions of Sale in the Legal Pack.
Strictly by arrangement with the Auctioneers.
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 Fixed Fee.
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 auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s 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
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.