Residential Development
A freehold former Nightclub and historic warehouses offered with vacant possession upon completion.
The property is Grade II listed and benefits from planning consent for the creation of 28 residential units and more information can be gathered by inspecting the Walsall Council planning portal 21/1671.
The site is approximately 0.095 ha and currently comprises of the formerly Equator night club, warehouse along Intown Row as part its accommodation. To the rear are some redundant car garages. 10,193 sq. ft.
Location:
The Site is approximately half a mile from Walsall Train Station and has easy access to the M5/M6/ M54 motorways (J10 M6 1.7 miles) Walsall Town Centre and all facilities - 1.2 miles, and Birmingham City Centre 11 miles.
Located on Lichfield Street, it is within the town centre of Walsall and is well situated for all facilities including schools, recreation and retail. Close to the site is Walsall Arboretum.
Note: The images are CGI of the proposed scheme.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
These sales details are awaiting vendor approval.
Lichfield Street.
Freehold. Vacant possession upon completion.
Yes
Auction Details
The sale of this property will take place on the stated date by way of Timed Auction and is being sold under and Unconditional sale type.
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 1.2% of the purchase price (subject to a minimum of £1,500 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.
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