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19-21 New Road, Willenhall, WV13 2BG

Lot no: 47 Re-entry to a future auction
 

Guide Price £200,000+ 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.

Wednesday 18th December 2019

11.30am
Key Features
  • Thought suitable for alternative use (stpc)
  • Great transport links
  • Close to local amenities
  • Parking
  • EPC Rating: D
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Re-entry to a future auction

Office

Property Description:

A detached two storey brick-built building surmounted by a flat roof set back from the New Road, Willenhall. We feel that the building could be easily converted into alternative use such as residential or into serviced offices/storage facility, subject to obtaining appropriate planning consents.

Ground Floor:

Reception area with male and female WC and stairs leading to the first floor. Net internal area of approximately 300 sq ft (28 sq m).

Office with partitioned off area. Net internal area of approximately 400 sq ft (37 sq m).

Storage area with an up and over entrance door to access the front of the building, partitioned off separate office and stairs leading to the first floor. Net internal area of approximately 1476 sq ft (137 sq m).

Rear office area split into two parts. Net internal area of approximately 285 sq ft (26 sq m).

First Floor:

The first-floor accommodation is accessed via two staircases leading to a wide central corridor off which are male / female WC and kitchen facilities along with 7 separate offices and a board room divided by partition walls, having the following approximate dimensions:
Office 1: 231 sq ft
Office 2: 180 sq ft
Office 3: 160 sq ft
Office 4: 117 sq ft
Office 5: 100 sq ft
Office 6: 374 sq ft
Office 7: 210 sq ft
Board Room: 374 sq ft

Outside:

To the front of the building are spaces for car parking.

Location:

The property is located along New Road, Willenhall within an area of commercial units. The property sits between two offices with retail shops opposite. Willenhall lies equidistant between Wolverhampton and Walsall providing good transport links to the M6 motorway, a short distance away.

Tenure:

We understand the property is Freehold and will be offered with vacant possession upon completion. Please note that all office furniture and some equipment will remain. Interested parties are advised to check the legal pack for clarification.

Value Added Tax:

We understand that VAT will not be chargeable on this transaction.

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.