A mixed-use freehold property comprising a ground-floor shop and a first-floor apartment with separate access. In need of modernisation. (Title number: SF76233)
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.
Description
Freehold, shop, apartment above, separate entrance, in need of modernisation
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
Outside
Rear garden
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.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Lot 74 - 93 Whitehall Road, Walsall, West Midlands, WS1 4AR
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