65 High Street, Brierley Hill, West Midlands, DY5 3AB

  • Unconditional Online Auction Sale
  • Guide Price* : £100,000 Plus Fees

On Behalf of Home Point

  • Ground Floor Retail Shop
  • Currently Rented For £500pcm
  • Two Bedroom First Floor Apartment
  • Currently Rented for £450pcm

Property Description

On Behalf of Home Point

Mixed use property

Offered for sale this liquor store, with two rear rooms and ground floor cloakroom and a first floor two bedroom apartment currently rented out at £450pcm.

The ground floor premises generates an income of £500pcm with a remaining term of a 25 year lease.

The mixed use investment is located on a busy High Street with ample of passing traffic outside.

Ground floor is a retail outlet which sells liquors and as two store rooms to rear and exit door.

Shop Front
Liquor Store Front of Shop 7.86 x 9.26
Rear Room One, 2.31 x 2.64 / 3.92 x 3.14
Rear Room Two, 2.99 x 2.33
Rear Guest room

Apartments First Floor

8.99 x 3.77
Open Plan Lounge to kitchen, double glazing window to front aspect of property, electric storage heater, ceiling Point light.
Kitchen: Mixture of wall and base units, electric oven & hob with extractor over, stainless steel sink, floor tiles, ceiling light point.

Bedroom One
5.31x 3.09
Bedroom Two
4.23x 4.79

2.32 x 2.87
Panelled bath, electric shower over , pedestal wash basin, low level flush WC, extractor, part tiled, ceiling point light.

1.44 x 5.24

All these measurements are approximate measurements

See Legal Pack

Conditions of Sale

The Conditions of Sale will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.

*Start Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.

Viewing Details

By arrangement with the auctioneer 0345 319 2162 or can be booked online www.sdlauctions.co.uk/online-auctions

Energy Performance Certificates

EPCs can be viewed in full on our website www.sdlauctions.co.uk on the sales details page or in the legal pack.

Unconditional Online Auction Procedure

Every online bidder on SDL Auctions must first create an account at www.sdlauctions.co.uk/online-auctions. This is a very quick and simple process. In order to bid, you will need to be authorised for money laundering purposes, this will be carried out at the registration stage. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.

Once you have registered, you will be able to search, download legal documents, arrange site viewings and contact the Auctioneers and the solicitors if you have queries on the property.

If the reserve is met or exceeded when the auction timer ends, the successful bidder is charged a 5% deposit (subject to a minimum fee of £5000) and exchange takes place. At this point, you will be legally obliged to buy the property for the full purchase price. The deposit contributes towards the purchase price.

The sale of each Lot is subject to a reservation fee of 4.8% Inc VAT or 4.2% Inc VAT in London, subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.

Therefore we will automatically charge you a minimum fee of £11,000, (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee and deposit. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer. This will be specified in the reservation contract.

By placing the bid, you are authorising the auctioneer to sign the auction contract on your behalf.

Full terms and conditions are available at www.sdlauctions.co.uk/online-auctions

Joint Agent

Home Point Sales & Lettings

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Sold for £110,000

This auction lot is now closed.

Auction Ended

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Joint Agent

For viewings please contact:
Home Point Sales & Lettings

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