Description
FOR SALE BY AUCTION: To be sold by public auction on the owners' instruction. A mixed-use freehold property comprising a ground-floor shop and a first-floor apartment with separate access. In need of modernisation. Vacant. Subject to a refused planning application of extending to provide accommodation for adult-supported living, application number 20/1060, Walsall Metropolitan Borough Council.
Auctioneer's comments: 'A unique opportunity to bid on and buy a property to either adapt the current refused planning or change tack to a residential development.'
Auction Date - The property is to be sold by public auction on Friday 4 August 2023 via a 2-hour online bidding window.
To View - The property can be viewed by booking onto one of the advertised managed block viewings. Once you have registered to bid by setting up your online bidding account, you will be emailed a Calendly link to do this. Each block viewing is strictly 30 minutes, and no ad hoc viewings will be available. In most cases, a video tour will be available.
Description - Freehold, shop, apartment above, separate entrance, in need of modernisation
Outside - Rear garden
Location - Whitehall Road, Walsall, West Midlands, 1 mile to Walsall railway station, 1 mile to Bescot Stadium railway station
Accommodation - Ground-floor shop: two rooms, WC
First-floor apartment: two rooms, kitchen, living room, bathroom
Epc Rating - D
Commercial EPC to be confirmed
Tenure - Freehold with vacant possession
Local Authority And Council Tax Band - Council tax band: A
Walsall Metropolitan Borough Council
Pre-Auction Bids - To make a pre-auction bid, you must be an approved bidder. Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid. The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable. Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.
Auction Fees - In addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 1.75% plus VAT (min. fee of £1,750 plus VAT) of the purchase price and auction buying fee of £1,900 plus VAT. Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.