98 & 98A Mill Street, Kidderminster, Worcestershire, DY11 6XG

A pair of freehold commercial premises in Kidderminster

Guide price*

£250,000+

Plus fees

Sold prior for £230,000

Lot 138 Commercial Vacant
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Auction details:

Thursday 14th December 2023 @ 09:00AM

A Pair of Vacant Freehold Commercial Premises Close to the Town Centre With Rear Car Parking. Suitable for a Variety of Alternative Uses Or Development Subject To Obtaining The Necessary Planning Permission.

Property Description

98 & 98A Mill Street comprises of two prominent commercial premises which until recently were operated as a gym and fitness studio. The property benefits from a large car park to the rear. The premises are considered suitable for a variety of alternative uses or development subject to obtaining the appropriate planning permission. 98 Mill Street comprises a detached two storey property configured over ground and first floors. The ground floor is extended to offer an open plan space, with reception and room, and two further rooms, WCs and kitchen facilities on the first floor. 98A Mill Street comprises a semi detached property arranged over ground floor with useful mezzanine storage. The ground floor offers a spacious open plan area with reception, WC and changing rooms.

Location

The property occupies a prominent position fronting Mill Street just off the A456 St Marys Ring Way close to a large retail park and within a mixed commercial location with some new residential development within the immediate vicinity.

Accommodation

98A Mill Street:
Ground Floor: 900 sqft (83.84 sqm)
First Floor: 503 sqft (46.73 sqm)
Approximately a total of 1,403 sqft or 130.37 sqm.
98 Mill Street:
Ground Floor: 2,295 sqft (213.17 sqm)
We have not undertaken a measured survey of the premises and all interested parties should seek their own verification of floor areas and dimensions.

Energy Performance Rating

98 Mill Street: D
98A Mill Street: E

Tenure

Freehold – Vacant possession upon completion.

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.

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 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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