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Land For Sale £230,000
Hagley Road, Halesowen B63


Description
A fantastic opportunity to purchase this parcel of land situated close to Halesowen Town Centre. The land was the beer garden to the former former Nelson Public House which itself was converted to apartments in recent years.
The land does not currently have planning permission associated with it however the vendor has instructed architects plans in order to assess the suitability/volume of any potential development (subject to planning) These plans are available at the Bloore King & Kavanagh Office in Halesowen.
Approximate measurements are 15.00m width by 22.5m depth giving approx. 338 sq/mtrs (3,638 sq/ft) available land. Measurements are approximate and any interested party should satisfy themselves as to both the accuracy of square footage/measurements and any development potential for the land.
For sale by Modern Method of Auction; Starting Bids at £230,000 (subject to reserve) plus Reservation Fee.

Description

A fantastic opportunity to purchase this parcel of land situated close to Halesowen Town Centre. The land was the beer garden to the former former Nelson Public House which itself was converted to apartments in recent years.

The land does not currently have planning permission associated with it however the vendor has instructed architects plans for a multiple block of apartments in order to assess the suitability/volume of any potential development (subject to planning) These plans are available at the Bloore King & Kavanagh Office in Halesowen.

Approximate measurements are 15.00m width by 22.5m depth giving approx. 338 sq/mtrs (3,638 sq/ft) available land. Measurements are approximate and any interested party should satisfy themselves as to both the accuracy of square footage/measurements and any development potential for the land.

For sale by Modern Method of Auction; Starting Bids at £230,000 (subject to reserve) plus Reservation Fee.

Separate Land Available By Seperate Negotiation

To the rear of the property is a piece of land currently used as a car park which is available to purchase (or long lease) by separate negotiation. Please ask for details.

Modern Method Auction

Starting Bid and Reserve Price
*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by iam Sold.

Auctioneer's Comments
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 56 days to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 plus VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by West Midlands Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.

Referral fees: We refer clients to a number of service providers for various reasons within the scope of our terms, in line with our business and with the clients permission (gdpr 2018). It is your decision whether you choose to deal with any of the companies we recommend however you should be aware that some of these companies provide Bloore King & Kavanagh with a referral fee for recommending them. Referral fees are a maximum of £175

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