Commercial Property
A Freehold detached commercial unit located to the Rear of 85 Pargeter Street, Walsall.
The unit is accessed via a secure gated driveway(believed to be shared) leading to a detached two storey building with electric supply. We believe mains water and waste are also connected however, we have not carried out checks into to this and would advise interested parties to do so.
The building extends approximately 592 sq ft and needs renovation. It has previously been used as workshop/storage and we feel would lend itself well to conversion into a residential dwelling subject to planning. The site also benefits from an extensive garden to the side which could also potentially be developed subject to obtaining planning.
The property is located within proximity to good schools and colleges. Excellent public transport links nearby including bus and train station and easy access to the M6 and M6 toll. Walsall town centre is under 2 miles from the property.
These sales details are awaiting vendor approval.
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.
