House For Sale £125,000
*** This property is for sale by the Modern Method of Auction ***
A three-storey terraced commercial property that could benefit from being converting back to a residential dwelling, well placed in Smallwood, Redditch.
The ground floor space offers three good sized rooms, the front is currently used as an entrance/reception area, and a further two used as workshops with access down to the cellar, along with out to the rear garden.
The first floor establishes two (double) rooms currently used as office space with handy storage cupboards.
The second floor is mainly used for storage, however, could be used as a third double bedroom if converted.
Outside the rear garden is mainly laid to patio slabs with plumbing for outbuilding toilets and a side gate through to the front, providing access to communal road parking.
Well situated in a mixed commercial and residential area of Smallwood, the unit is nearby to local shops and takeaways, along with being a short walk in to Redditch Town Centre providing a further assortment of amenities along with the local bus and railway stations.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Room One (9' 9'' x 13' 6'' (2.97m x 4.11m))
Room Two (14' 0'' x 13' 8'' (4.26m x 4.16m) Max)
Room Three (15' 3'' x 7' 7'' (4.64m x 2.31m))
Room Four (10' 9'' x 15' 6'' (3.27m x 4.72m))
Room Five (9' 9'' x 12' 4'' (2.97m x 3.76m))
Room Six (16' 3'' x 15' 6'' (4.95m x 4.72m))
Cellar (13' 0'' x 13' 4'' (3.96m x 4.06m) Max)
A three-storey terraced commercial property that could benefit from being converting back to a residential dwelling, well placed in Smallwood, Redditch.
The ground floor space offers three good sized rooms, the front is currently used as an entrance/reception area, and a further two used as workshops with access down to the cellar, along with out to the rear garden.
The first floor establishes two (double) rooms currently used as office space with handy storage cupboards.
The second floor is mainly used for storage, however, could be used as a third double bedroom if converted.
Outside the rear garden is mainly laid to patio slabs with plumbing for outbuilding toilets and a side gate through to the front, providing access to communal road parking.
Well situated in a mixed commercial and residential area of Smallwood, the unit is nearby to local shops and takeaways, along with being a short walk in to Redditch Town Centre providing a further assortment of amenities along with the local bus and railway stations.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Room One (9' 9'' x 13' 6'' (2.97m x 4.11m))
Room Two (14' 0'' x 13' 8'' (4.26m x 4.16m) Max)
Room Three (15' 3'' x 7' 7'' (4.64m x 2.31m))
Room Four (10' 9'' x 15' 6'' (3.27m x 4.72m))
Room Five (9' 9'' x 12' 4'' (2.97m x 3.76m))
Room Six (16' 3'' x 15' 6'' (4.95m x 4.72m))
Cellar (13' 0'' x 13' 4'' (3.96m x 4.06m) Max)
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