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Land Adjacent to 12 Linwood Road, Handsworth, Birmingham, B21 9HT

Lot no: 114 Withdrawn
 

Guide Price £5,000 - £10,000 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 6th July 2017

10.30am
Key Features
  • Freehold Land which may have potential for various uses subject to obtaining any necessary planning permission or any other necessary consents.
  • EPC Rating:
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Land

Property Description:

The property currently comprises a parcel of open space having a site area of approximately 140 sq.yds. (117 sq.m.) or thereabouts which may have potential for various future uses subject to obtaining any necessary planning permission or any other necessary consents.

Tenure

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.

Location

The land is situated at the corner of Linwood Road and Dawson Road in the Handsworth district of Birmingham and in near proximity to the Soho Road.

Town Planning

The property is situated in Birmingham and any planning enquiries should be directed to Local Planning Authority, Birmingham City Council.

Interested parties must make their own enquiries of the Local Planning Authority (Birmingham City Council) in respect of planning and independently satisfy themselves as to the suitability of the site for any development or use they propose.

Ground Conditions & Contamination

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.

Plans & Aerial Photographs

Any plans or aerial photographs provided with these particulars are for identification purposes only and their accuracy is not guaranteed.

Rights of Way, Wayleaves, Easements, Restrictive Covenants etc.

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.

Value Added Tax

For information that VAT will not be chargeable on the purchase price but for verification in this regard please refer to the Legal Pack.

Viewings

External viewings only.

Tenure:

Freehold. Vacant possession upon completion.



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.