Land
Please note that no offers will be accepted prior or post to the Auction.
The property will be sold on the understanding that the 10% deposit must be paid by a Banker’s Draft made payable to CPBigwood Ltd. No other means of payment will be accepted and failure to do so will result in the property being re-offered for Sale.
In addition to the purchase price, the purchaser will be required to pay the Council’s professional fees of £1,000.
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.
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Any plans provided with these particulars are for identification purposes only and their accuracy is not guaranteed.
An existing 55 space free public car park with a requirement that it remains as a car park free for public use between 7am and 7pm seven days a week. The public footpath and roadway coloured brown on the land and designated as HMPE will continue to be maintained by the Council and the Leaseholder will not be able to make any changes or to carry out any maintenance or repairs without the Councils consent and approval.
Land & Development Opportunities & Garages
The property is sold subject to, or with the benefit of any rights of wayleaves, easements, restrictive covenants etc. which may exist whether mentioned in these particulars or not. The area coloured brown on the plan is to remain a public highway and pavement maintainable by Birmingham City Council as Highway Maintainable at the Public Expense (HMPE).
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.
The site extends to some 2,197 sq.m. (2,628 sq.yds) or thereabouts.
A Long Leasehold Surfaced Car Park
We understand that the property is being offered for sale Leasehold for a term of 125 years at a Peppercorn Ground Rent. The new Lease will contain an obligation that the property remains a car park, free for public uses between 7am and 7pm, 7 days a week. Vacant possession will be given upon completion.
The area coloured brown on the plan is an existing public footpath and highway which is maintained by the Council as Highway Maintained at the Public Expense, i.e. HMPE otherwise known as 'adopted' and it is to remain as such.
This lot is subject to VAT at the standard rate.
Site is open for viewings.
