Residential Development
The property comprises the former Samson and Lion Public House, situated on a site extending to an area of about 0.36 Acres (0.14 Hectares) or thereabouts, for which planning permission has been granted for the extension and alteration of the former Public House to create 7 No. apartments together with a terrace of 3 No. houses to the rear. The former Public House building will require comprehensive refurbishment.
The property is situated off Newbolt Road in Bilston in a primarily residential locality about 0. 5 miles from Bilston town Centre. Other centres such as Wolverhampton, Walsall, Dudley and West Bromwich are about 3, 4.5, 5.5 and 6.5 miles whilst Midland Metro tram services are available from Bilston Central which is about 0.5 miles.
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.
The property is in Bilston and any planning enquiries should be directed to Local Planning Authority, Wolverhampton City Council.
We understand that Planning Permission ref 15/01311/FUL for ‘Extensions and alterations to former Samson and Lion Public House to create 5 no. two bedroom apartments and 2 no. one bedroom apartments with the erection of 3 two bedroom dwelling houses’ was granted by Wolverhampton City Council on 3rd November 2016 subject to conditions and a unilateral undertaking.
Interested parties must make their own enquiries of the Local Planning Authority (Wolverhampton City Council) in respect of planning and independently satisfy themselves as to the suitability of the site for any development or use they propose.
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 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.
We are informed that VAT will be chargeable on the purchase price but for clarification please refer to the Legal Pack.
External viewings only.
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.
