51 Bradford Street, Walsall, WS1 3QD

Freehold town centre office building in Walsall

Guide price*

£320,000+

Plus fees

Sold for £330,000

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Lot 102 Commercial Vacant
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Auction details:

Thursday 19th May 2022 @ 09:00AM

Live-streamed Auction

A Vacant Freehold Town Centre Office Building Suitable For A Variety Of Alternative Uses And Having Prior Planning Approval For Conversion To Residential Uses

Property Description

The property comprises a prominent part two and part three storey detached office premises, with a driveway to the left hand side of the property leading to an enclosed car park at the rear with parking for approximately eight cars. The accommodation is currently configured to provide on the ground floor an entrance hall, three offices, kitchen, gents and ladies WC's, whilst on the first floor there is a landing, four offices, ladies and gents WC's, and on the second floor there is a further office, two stores. The property benefits from gas fired central heating. The property is considered suitable for a variety of alternative uses including refurbishment for a continuation as offices, day nursery, medical uses, educational or religious uses all subject the appropriate planning permission. The property is also considered suitable for conversion to residential uses and prior approval has been obtained by the current owner.

Location

The property occupies a prominent position fronting the western side of Bradford Street, near to its junctions with Vicarage Place and Wednesbury Road.
The property is within an area of mixed residential, office and commercial uses a short walk from the main pedestrianised retail centre of Walsall including the Sadler's Centre and an Asda superstore.

Energy Performance Rating

D

Tenure

Freehold – Vacant possession upon completion.

Planning

The property has prior approval granted by Walsall Council for conversion of offices (use class B1A) to residential dwelling (use class C3) application number 20/1249 date of decision 28th June 2021.

Value Added Tax

We understand that VAT will not be chargeable on this transaction. All interested parties should obtain their own verification by reference to the legal pack.

Auctioneer's Note

Please note offers may be considered prior to the Auction Sale.

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.
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.

LIVE-STREAMED AUCTION

Please note that the Auction will be livestreamed via our website.  You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day 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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