Land
A freehold parcel of land previously used as the Kates Hill Housing Office which has since been cleared and thought suitable for a variety of uses subject to applying and the granting of planning permission. The site falls under the remit of the Dudley Metropolitan Borough Council.
The site fronts Watson Green Road on the junction with Brewery Street in Dudley. The local area comprises predominantly residential housing stock with plenty of on-street parking within the vicinity.
Interested parties are advised to inspect the legal pack available on the SDL auction web page and to register to bid with the link on the advert.
The plan is for identification purposes only. Prospective buyers are advised to inspect the legal pack for clarification. May be suitable for alternative uses, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.
The buyers fee on this lot is 1% inc VAT subject to a minimum of £1,250 including VAT.
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.
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 auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of 1% inc VAT subject to minimum of £1,250 inc VAT
The Buyers 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 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.
