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4 Mount Pleasant, Bilston, WV14 7LJ

Lot no: 46 Sold After Auction
 

Guide Price £150,000+ 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.

Tuesday 29th October 2019

11.30am
Key Features
  • Three storey freehold premises
  • Former office building
  • Car park to the rear
  • Potential for redevelopment (stpc)
  • EPC Rating: E
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Sold After Auction

Office

Property Description:

The property comprises a three storey brick built former office surmounted by a pitched roof, containing an attic room thought suitable for conversion into apartments or a HMO, subject to obtaining the appropriate planning consent.

To the rear of the property is a car park which is accessed via Caledonia Street.

The property fronts Mount pleasant and is set back from the curb side with the accommodation comprising:

Ground Floor:

Room One - 150 sq ft approx.
Room Two - 140 sq ft approx.
Room Three - 150 sq ft approx.
Room Four - 56 sq ft approx.
Kitchen 117 sq ft approx.
Access to courtyard with parking beyond and access to Cellar.

First Floor:

Room One - 144 sq ft approx.
Room Two - 140 sq ft approx.
Room Three - 120 sq ft approx.
WC
Landing with stairs leading to second floor

Second Floor:

Landing
Room One - 150 sq ft approx. with stairs leading to the attic
Room Two - 156 sq ft approx.
Room Three - 132 sq ft approx.
WC

Attic:

Room One - 169 sq ft approx. with window

Location:

The property is located in Bilston approximately 3 miles from Wolverhampton, in an area of predominantly residential dwellings. Within the immediate vicinity are several commercial units, some of which have been converted into residential accommodation.

Tenure:

We understand the property is freehold and vacant possession will be given upon completion.

Value Added Tax:

We understand that VAT will not be chargeable on this transaction. All interested parties are advised to refer to special conditions of sale within the legal pack for their own verification.

Viewings

Viewings can be arranged via the Auctioneers.

Tenure:

Freehold.



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.