Land
The site comprises a 0.151 acres of cleared land, formerly the site of a derelict cottage. The site occupies a corner position with frontages to Straits Road and Hopyard Lane. The site is bordered by residential development and on the opposite side of Straits Road is the Fiddlers Arms Public House.
The site occupies a prominent position at the corner of Straits Road and Hopyard Lane, Lower Gornal, opposite the Fiddlers Arms Public House. The surrounding area is predominately residential in nature, whilst Lower Gornal lies approximately quarter a mile to the east and offers a good range local amenities, shops, schools, public houses and leisure facilities. Further amenities are to be found in Dudley Town Centre, which lies approximately 2.5 miles to the east.
We understand that the site is Freehold. For confirmation in respect of tenure and any other legal aspects and requirements, please refer to the legal pack.
Mains services are understood to be available in the vicinity of the property, but prospective purchasers should make their own independent enquiries as to the suitability of services for their particular requirements.
Prospective purchasers must undertake their own investigations with regard to ground conditions and contamination and fully satisfy themselves as to the suitability of the site for any use they may propose.
Any plans 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.
A planning application, P13/0677 was made on the 23rd May 2013 and was approved on 19th November 2013 for the demolition of a derelict cottage and the erection of four semi detached dwellings.
We are advised that the planning permission has now expired, however there is an opportunity for a prospective purchaser to submit a further application. Interested parties should contact the Planning Department within Dudley Metropolitan Borough Council in respect of all planning enquiries.
We understand that VAT will not be chargeable on this transaction, however all interested parties should seek their own confirmation by reference 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.
