Mixed Use
A three storey mid-terraced building within a residential estate benefiting from free parking to the front and rear.
The ground floor accommodation comprises a glass front retail unit with a roller shutter along with rear store/kitchen facilities and wc. Net internal area is approximately 798sq.ft (73.67 sq.m).
The first and second floor accommodation consists of a self-contained three room maisonette with separate access.
The ground floor premises are vacant and were previously let to a barber shop paying £1000pcm. We have been advised the residential accommodation is let and lease details are within the legal pack
The property is situated in Aldridge along Myatt Avenue close to the junction with Gretton Crescent. The local area comprises mainly residential housing. The property sits along a parade of eight similar units all benefitting from the large footfall within the local area. The area benefits from local bus links to Walsall town centre approximately two miles to the West.
We are advised VAT is not applicable.
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.
