35 High Street, Brownhills, Walsall, West Midlands, WS8 6ED
Retail Unit in Brownhills
Sold prior to auction, for an undisclosed amount
A Vacant Leasehold Retail Unit
Property DescriptionThe property comprises single storey end terraced lock-up shop with storage at the rear, which benefits from electric roller shutter. The property has been trading for the last 20 years as a jewellers with a display area at the front of the unit, with an open plan retail area. There is a WC and kitchen area within the storage/back office.
LocationBrownhills is a busy West Midlands town with a population of approximately 18,000 and has a large catchment area being situated approximately 18 miles north of Birmingham City Centre, 5 miles north east of Walsall and 5 miles south east of Cannock.
Brownhills benefits from excellent road communications, being situated close to the junction of the A452 and the A461 connecting with Junction 5 of the M6 motorway, 10 miles to the south and adjacent to the M6 toll road immediately to the north.
AccommodationShop Sales Area: 34.84 sq.m (375 sq.ft.) approx.
Office/Stock Room: 12.26 sq.m. (132 sq.ft.) approx.
Total Area: 47.10 sq.m. (507 sq.ft.) approx.
TenureLeasehold – Vacant possession upon completion.
ViewingsStrictly by appointment. Please contact James Mattin on 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.
REMOTE BIDDING AUCTION
Please note that the Auction will be livestreamed via our website with Remote Bidding by Proxy, Telephone or Internet Only. You must pre-register to bid for each auction no later than 24 hours 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.