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Former Police Station, Canterbury Road, Perry Barr, Birmingham, B20 3AA

Lot no: 15 Sold at Auction for £730,000
 

Guide Price in excess of £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.

Thursday 14th December 2017

10.30am
Key Features
A Spacious Freehold Former Police Station, extending to approximately 5,594 sq.ft. (519.70 sq.m.) with a Large Car Park and considered suitable for a wide variety of alternative uses, subject to obtaining any appropriate planning permission.
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Sold at Auction for £730,000

Commercial Property

Property Description:

The property comprises a spacious detached predominately two storey former police station of brick construction surmounted by a pitched tiled roof and believed to have been constructed in 1904.

The accommodation currently comprises a range of offices, meeting and interview rooms over ground floor and first floor, together with ancillary stores, WCs and useful basement storage. Outside, there is a walled, gated and surfaced car park with vehicular access from Thornbury Road.

The property is considered suitable for conversion for a wide variety of alternative uses or total redevelopment, subject to obtaining the appropriate planning permission.

Location

The property occupies a prominent position fronting Canterbury Road, whilst the rear of the building fronts Thornbury Road. The property is situated within a well established predominately residential environment, just off the main A34 Birchfield Road, approximately 3 miles north of Birmingham City Centre.

There is easy access to the local road and motorway networks via the nearby A34, A38 (M) and Junction 6 of the M6 motorway.

Tenure

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

Accommodation

The property extends to approximately 5,594 sq.ft. (519.70 sq.m.).

All interested parties must seek their own verification of floor areas and dimensions and satisfy themselves that they are suitable for any proposed future use.

Value Added Tax

VAT will not be chargeable on this transaction.

Viewings

See viewing schedule.



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.