Garages
DRAFT DETAILS
A Freehold site comprising 35 derelict garages extending approximately 0.25 acres(or thereabouts) in partly dilapidated states.
The site is accessed via a driveway (with a secure gate) to the left of 182 The Broadway and sits behind properties fronting Shenstone Avenue and St Georges Road.
The area comprises mainly ex local authority housing stock with affluent Stourbridge and Hagley a few miles away. Thought suitable as a small infill of perhaps one or two bungalows (subject to planning) or used for storage. We are aware of a pre application for the creation of two bungalows. Interested parties are advised to inspect the legal pack and Dudley Metropolitan Council Planning Portal PRE21/00390.
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.
We are advised that VAT will not be chargeable on this transaction.
Viewings are available by appointment as the site is gated.
Buyers fee is 1% inc VAT, subject to minimum of £1,250 inc VAT.
Freehold. Vacant possession upon completion.
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 (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
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 £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
Guide Price & Reserve Price
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.
