75 & 85 High Street, Brownhills, West Midlands, WS8 6HL

  • Unconditional Online Auction Sale
  • Guide Price* : £91,000 Plus Fees

FOR SALE BY UNCONDITIONAL ONLINE AUCTION


  • A freehold development site with planning permission for three retail units and three 1 bedroomed flats
  • The site is open for viewings.
  • Situated on the main High Street of Brownhills.

Property Description

FOR SALE BY UNCONDITIONAL ONLINE AUCTION


A Freehold Development Site with Planning Permission for Three Retail Units and Three One Bedroomed Apartments

A development site with planning approval for three retail units and three 1 bedroomed apartments situated on the main High Street of Brownhills.


Tenure

We understand the land is Freehold and vacant possession will be given upon completion.


Planning

Planning Approval for the development of three retail units and three flats was granted under application no. 17/1629 on 3rd August 2018 by Walsall Council Planning Department, subject to conditions. The development will necessitate moving the footpath NDA152 from High Street to Short Street at the rear of the site, for which rights will have to be negotiated with the Highways Authority.


Services

Mains services are understood to be available in the vicinity of the property, but prospective purchasers should make their own independent enquiries as to the suitability of services for their particular requirements.


Ground Conditions & Contamination

Prospective purchasers must undertake their own investigations with regard to ground conditions and contamination and fully satisfy themselves as to the suitability of the site for any use they may propose.


Plans

Any plans provided with these particulars are for identification purposes only and their accuracy is not guaranteed.


Rights of Way, Wayleaves, Easements, Restrictive Covenants etc

The property is sold subject to, or with the benefit of any rights of way, wayleaves, easements, restrictive covenants etc. which may exist whether mentioned in these particulars or not.


Viewings

The site is open for viewings.


Tenure
Freehold

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

SDL Auctions



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Joint Agent

For viewings please contact:
SDL Auctions
0345 222 0197
jessica.royce@sdlauctions.co.uk