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23, 23A and 23B Unett Court, St Matthews Road, Smethwick, B66 3TN

Lot no: 139 Re-entry to a future auction
 

Guide Price £65,000+ 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 25th February 2021

10.30am
Key Features
  • Three refurbished office spaces benefiting from kitchen/bathrooms facilities thought suitable for residential use subject to obtaining appropriate planning consents
  • Each office has its own private entrance
  • Electric gated parking
  • EPC Rating: G, F & F
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Re-entry to a future auction

Office

Property Description:

The three refurbished premises sit within a purpose-built block of apartments benefiting from electric gated parking. The three self-contained rooms have been converted into bedsit style accommodation comprising bathroom and kitchen facilities. They are currently being used as offices / Storage space but we feel subject to appropriate approval could be suitable for residential use. Each have a separate entrance.

Location

Unett Court is located in Smethwick approximately 3 miles from Birmingham City Centre within an area of residential dwellings. There is a large demand for low cost housing within the area.

Tenure

We understand that the property is Leasehold. Interested parties are advised to inspect the legal pack for more information.

Vat

We understand that VAT will not be chargeable

Viewings

Strictly by arrangement with the auctioneers.

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:

Leasehold.



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.