Office
The property comprises a two storey former office building with access along Birmingham Street and rear access from Bourne Street.
We feel the office could be easily let to two separate tenants with use of the main staircase giving easy access and/or utilised for residential purposes subject to obtaining appropriate planning consent.
The ground floor accommodation comprises a garage area extending to approximately 840 sq.ft benefiting from roller shutter, beyond which is approximately 2300 sq.ft of office space and access to Birmingham Street along with wc and kitchen facilities. The configuration can be altered easily as partition walls are used.
The first floor is accessed via an internal staircase leading to an open office space extending approximately 1,150 sq.ft followed by a further circa 1,050 sq.ft of office space split into smaller pods with partition walls including kitchen and wc.
In total the building provides approximately 5,340 sq.ft of usable space.
Externally there is a yard with space for additional parking.
The property sits on the corner of Bourne Street and Birmingham Street in Dudley town centre. The local area comprises mainly commercial buildings with regeneration having taken place to provide housing. There are also many students in the area with the local college near by and hospital a short distance away
We understand that VAT will not be chargeable on this transaction, however please read the legal pack for further details.
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.
