Land For Sale £600,000
DESCRIPTION:
A prime freehold site. Currently derelict, former Public House. Planning permission granted for 18 apartments, car parking and communal gardens. Excellent residential location. We are informed of a gross development figure in excess of £2,500,000.
ACCOMMODATION:
Circa 0.55 Acres
Planning for 18 apartments
We are informed of a gross development figure in excess of £2,500,000.
No VAT will be charged on the sale.
Direct road/vehicle access from Old Forest Way.
APARTMENT SCHEDULE Please refer to the auction legal pack.
LOCATION:
Birmingham is a city and metropolitan borough in the metropolitan county of West Midlands in England. It is the second-largest city in Britain commonly referred to as the second city of the United Kingdom with a population of 1.145 million in the city proper. Birmingham borders the Black Country to its west and together with its city of Wolverhampton and towns including Dudley and Solihull to the south-east, forms the West Midlands conurbation. The wider metropolitan area has a population of 4.3 million, making it the largest outside of London.
VIEWING:
By appointment only.
TENURE:
Freehold
AUCTION DATE:
Connect Realtime® Bidding commences at 12pm with closing bids at 1pm, Tuesday 15th November 2023.
The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change.
UNCONDITIONAL LOT:
Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).
A prime freehold site. Currently derelict, former Public House. Planning permission granted for 18 apartments, car parking and communal gardens. Excellent residential location. We are informed of a gross development figure in excess of £2,500,000.
ACCOMMODATION:
Circa 0.55 Acres
Planning for 18 apartments
We are informed of a gross development figure in excess of £2,500,000.
No VAT will be charged on the sale.
Direct road/vehicle access from Old Forest Way.
APARTMENT SCHEDULE Please refer to the auction legal pack.
LOCATION:
Birmingham is a city and metropolitan borough in the metropolitan county of West Midlands in England. It is the second-largest city in Britain commonly referred to as the second city of the United Kingdom with a population of 1.145 million in the city proper. Birmingham borders the Black Country to its west and together with its city of Wolverhampton and towns including Dudley and Solihull to the south-east, forms the West Midlands conurbation. The wider metropolitan area has a population of 4.3 million, making it the largest outside of London.
VIEWING:
By appointment only.
TENURE:
Freehold
AUCTION DATE:
Connect Realtime® Bidding commences at 12pm with closing bids at 1pm, Tuesday 15th November 2023.
The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change.
UNCONDITIONAL LOT:
Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).
