Land at East Side of Oak Court Dudley Road, Brierley Hill, DY5 1LG

A development site in Brierley Hill

Guide price*

£500,000+

Plus fees

Sold prior to auction, for an undisclosed amount

Lot 179 Land/Development
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Auction details:

Thursday 14th September 2023 @ 09:00AM

A Freehold Potential Development Site

Property Description

A vacant former car park with potential for a number of uses (subject to planning consent) including roadside retail /drive through and residential . An indicative scheme for a development of 52 apartments has been drawn up for which copies are available upon request.

Location

to Oak Court , a development of 78 apartments. The site is located within easy walking distance of the Waterfront Business Park and the Merry Hill Shopping Centre, which is home to numerous big-name retail brands. It’s also just a mile from Russell’s Hall Hospital, which is an important local employer that treats over 700,000 patients a year.
It’s also an area that affords easy access to open spaces and leisure facilities. There are several attractive parks situated close by, including a local nature reserve that’s virtually on the doorstep. It’s also conveniently situated for the beautiful canal side area, which is home to a host of bars and restaurants. Merry Hill Shopping Centre – 0.6 miles – 12 mins walk Canalside – 0.5 miles – 9 mins walk, Brierley Hill town centre – 0.4 miles – 9 mins walk, Russell’s Hall Hospital – 1.1 miles – 21 mins walk, Birmingham – 11 miles – 24 mins train, Dudley – 2.6 miles – 10 mins drive, Wolverhampton – 9.7 miles – 30 mins drive, West Bromwich – 7.1 miles – 20 mins drive, Birmingham International – 29 miles – 45 mins drive, London – 128 miles – 2 hrs 10 mins drive.

Tenure

Freehold – Vacant possession upon completion.

Planning

An indicative scheme for a development of 52 apartments has been drawn up for which copies are available upon request.

Services

Mains services are understood to be available in the vicinity of the site, but prospective buyers should make their own independent enquiries as to the suitability of services for their particular requirements.

Ground Conditions & Contamination

Prospective buyers must undertake their own investigations with regard to ground conditions and contamination and fully satisfy themselves as to the suitability of the site for any use they may propose.

Plans/Aerial Photographs

Any plans provided with these particulars are for identification purposes only and their accuracy is not guaranteed.

Value Added Tax

For clarification in respect of whether or not VAT will be chargeable on the purchase price please refer to the Legal Pack.

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

External viewings only.
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 include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. 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 £1,920 inc VAT (£1,600.00 + 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 has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. 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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