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Land to Rear of 284-286 Stourbridge Road, Dudley, DY1 2EE

Lot no: 135 Re-entry to a future auction
 

Guide Price £40,000+ 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 30th July 2020

10.30am
Key Features
  • Freehold parcel of land
  • Site extends to approx. 0.13 acres
  • Benefits from temporary accommodation
  • Suitable for a variety of uses (stpc)
  • EPC Rating: N/A
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Re-entry to a future auction

Land

Property Description:

An opportunity to acquire professionally converted containers located on a unique plot of land measuring approx. 30m x 20m. The site benefits from views towards the Malvern Hills and comprises an elongated plot sat to the rear of 284/286 Stourbridge Road behind gates and is fully fenced.

The site houses a modern container which is spray foam insulated and plaster boarded, conversion works of which are almost complete and will just need finishing to the purchasers own specification. The container could be used as an office or accommodation subject to appropriate planning. There is incorporated parking and shared access to the main road.

Location

The site is located on the Stourbridge Road approximately 1 mile from Russell Hall Hospital and under 2 miles from the Merry Hill Shopping Centre in a predominantly residential area.

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.

Services

Services are believed to be available within the vicinity of the site, however interested parties should independently satisfy themselves as to the availability and suitability of any services for their specific requirement.

VAT

We are advised that VAT will not be chargeable on this transaction.

Plan

We understand the land edged red on the plan is offered for sale, with the shared access shown in black. Interested parties are advised to seek clarification from the legal pack.

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

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

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.

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