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Former Perry Barr Police Station, 394 Walsall Road, Perry Barr, Birmingham, B42 2LX

Lot no: 11 Sold at Auction for £820,000
 

Guide Price £275,000 plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Wednesday 6th September 2017

10.30am
Key Features
A Vacant Spacious Freehold Former Police Station, occupying a prominent main road position and benefiting from a large car park to the rear, considered suitable for a wide variety of alternative uses, subject to any appropriate planning permission
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Sold at Auction for £820,000

Commercial Property

Property Description:

The property comprises a spacious detached three storey building of brick construction with a pitched tiled roof and benefits from a gated surfaced car park to the rear, with access from Walsall Road and Rocky Lane, providing parking for approximately 30 cars.
The accommodation is currently configured to provide a number of offices, meeting rooms, interview rooms, together with former locker rooms, stores and WCs over lower ground, ground and first floors. The property has UPVC double glazed windows throughout and full central heating.

Location

The property occupies a prominent frontage to the southern side of the main A34 Walsall Road near its junction with Rocky Lane.
The property is within a mixed residential and commercial environment, within the popular suburb of Perry Barr, approximately 4 miles north of Birmingham City Centre.
Birmingham Alexander Sports Stadium, The One Stop Shopping Centre and the University of Central England are all within close proximity. The property benefits from excellent access to the Midlands motorway network via Junction 7 of the M6 motorway which lies short distance north of the property with direct access via the A34.

Tenure

We understand that the property is Freehold and vacant possession will be available upon completion.

Accommodation

We have not undertaken a measured survey of the premises, but understand that the property extends to approximately 6,103 sq.ft. (567.06 s.qm.). All interested parties are advised to obtain their own verification of floor areas and dimensions and satisfy themselves that they are suitable for any proposed future use.

Value Added Tax

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

Viewings

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.