72 Crompton Road, Nechells, Birmingham, B7 5SN
Single storey factory/sales unit in Nechells being sold of behalf of Birmingham City Council
Sold for £310,000
A Vacant Freehold Single Storey Factory/Sales Unit
Property DescriptionA large single storey premises suitable for manufacture and sales, situated on the corner of Crompton Road and Long Acre. It has the benefit of parking for some five vehicles to the front.
AccommodationCorner Entrance: Reception/Sales Area, Workshop, Two WCs, Two Offices, Two Stores, Kitchen and Boiler Room.
Outside: Parking to the front and side, Small Rear Yard.
Energy Performance RatingE.
TenureFreehold – Vacant possession upon completion, subject to all existing rights of way documented or otherwise across the site.
Site AreaWe understand that the site extends to some 807 sq.m. (965 sq.yds) or thereabouts.
Internal Sizes - NIA 380 sq.m. (4,094 sq.ft.) or thereabouts.
PlanningIt is understood that the premises would be suitable for B1, B2, B8 and A1 uses or may be suitable for residential redevelopment, subject to obtaining the necessary planning consents.
Auctioneer's NotePlease note no offers will be considered prior or post the Auction Sale.
In addition to the purchase price, the purchaser will be required to pay the Council's professional fees of £1,750.
In addition to the purchase price, the purchaser will be required to pay the Auctioneer's fees as stated within the legal pack.
Viewings72 Crompton Road, Nechells, Birmingham B7 5SN. Please note the following dates and times are block viewings for the allocated time slots only and you DO NOT need to book
Tuesday 27th Aug 2019 10:45-11:00
Thursday 29th Aug 2019 10:45-11:00
Tuesday 3rd Sep 2019 10:45-11:00
Thursday 5th Sep 2019 10:45-11:00
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 £1,680 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.