Waterloo Court, 31 Waterloo Road, Wolverhampton, WV1 4DJ

City centre office building in Wolverhampton

Guide price*

£2.8m+

Plus fees

Sold prior to auction, for an undisclosed amount

Pound sign

Finance available on this property

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Lot 186 Commercial Vacant
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Auction details:

Wednesday 8th December 2021 @ 09:00AM

Livestreamed Auction

A Vacant Leasehold Prime City Centre Office Building

Property Description

Waterloo Court comprises 6 floors of office accommodation approached via the main entrance and reception off Waterloo Road. This self contained office building also has direct access off the on-site car park. Two Otis 8 person lifts serve each floor (with the exception of the 6th floor which is accessed via the stairwell). The suites benefit from gas central heating system, kitchen/staff facilities on each floor and male and female toilets evenly distributed throughout the building.

Location

Waterloo Court is located in a prominent corner position overlooking the ring road at its junction with Waterloo Road, within one of the most established professional office areas of the City of Wolverhampton. The City is well served by public transport links and there is a variety of public multi storey and on street car parking facilities within the vicinity. The surrounding road network provides access to Junction 2 of the M54 motorway approximately 4 miles to the north and Junction 10 of the M6 motorway approximately 7 miles to the east, serving the wider West Midlands motorway system.

Energy Performance Rating

See legal pack.

Tenure

Leasehold – Vacant possession upon completion.

Remote Bidding Auction

This property is being offered via a remote bidding auction with bidding by proxy, telephone or internet only. You will need to pre-register for remote bidding, provide your identification and debit card details no later than 24 hours prior to the auction, please visit our website for further details.

Viewings

Strictly by appointment with the Auctioneers.

Accommodation

A variety of accommodation is available throughout the building from individual suites to large open plan self contained offices:-
Sq.m. Sq.Ft.
Ground Floor Common Area: 60.94 656
Ground Floor West Wing Room 4: 14.67 158
Ground Floor Rooms 2 & 3: 28.70 309
First Floor West Wing: 405.52 4,365
Third Floor North Wing: 134.43 1,447
Executive Suite Sixth Floor: 73.20 788
Total: 717.46 7,723
DISCLAIMER

Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

REMOTE BIDDING AUCTION

Please note that the Auction will be livestreamed via our website with Remote Bidding by Proxy, Telephone or Internet Only.  You must pre-register to bid for each auction no later than 24 hours prior to the auction.  Please click here for further details.

*DEFINITION OF GUIDE & RESERVE PRICE

All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

COSTS AT AUCTION

When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding.  They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £1,680 inc VAT (£1,400.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.  Please note that the administration fee for
the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘lot information’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

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