Land & Buildings at Guns Lane, West Bromwich, B70 9HS
Substantial warehouse premises and car park in West Bromwich
Sold prior to auction, for an undisclosed amount
A Substantial Warehouse Premises & Car Park, suitable for residential redevelopment, subject to obtaining the necessary planning consents
Property DescriptionThe site comprises a substantial warehouse with office accommodation above and a large car park to the side and rear. The warehouse extends to approximately 12,000 square feet , with a f further 4,000 square feet of office accommodation above. The car park was formerly the site of the Guns Lane school which is now cleared and of hardstanding. It is considered suitable for residential development, subject to obtaining the necessary planning consents.
LocationThe site sits behind the main West Bromwich High street , fronting Guns Lane. The site lies within easy access to local transport links and amenities and is situated among residential properties in a predominantly residential area.
Energy Performance RatingD.
TenureFreehold – Vacant possession upon completion.
PlanningThe land and buildings may be suitable for a variety of uses including residential redevelopment, subject to obtaining the necessary planning consents. All initial enquires should be made with the Sandwell Metropolitan Borough Council Planning Department.
ServicesMains 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 & ContaminationProspective 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.
Rights of way, wayleaves, easements, restrictive covenants etc.The site is sold subject to, or with the benefit of any rights of way, wayleaves, restrictive covenants etc. which may exist whether mentioned in these particulars or not.
Value Added TaxPlease refer to the legal pack for details.
ViewingsStrictly by arrangement via Bond Wolfe - 0121 525 0600
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.
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 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.