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50-52, High Street, Bilston, WV14 0EP

A Freehold Two Storey Commercial Unit within Bilston Town Centre, considered suitable for a variety of uses on the ground floor su...
Location: 50-52 High Street, Bilston, WV14 0EP
Property type: Flat, Residential
Tenure type: For Sale Freehold
Tenancy type: Vacant
Size: 2450 Sq Ft
** UNSOLD – AVAILABLE AT £155,000**

A Freehold Two Storey Commercial Unit within Bilston Town Centre, considered suitable for a variety of uses on the ground floor subject to any appropriate planning permission and benefitting from planning permission to convert the upper floor to two 1 bedroom flats

Property Description
The property comprises a two storey mid terrace of rendered brick construction with a pitched slate and part flat roof over. The ground floor comprises a spacious open plan area which has been used as a furniture shop room and more recently a childrens play centre and extends to approximately 2,450 sq.ft. (225.30 sq.m.). On the first floor there is a store and kitchen extending to approximately 500 sq.ft. (46.50 sq.m.).

Location
The property occupies a prominent High Street location within Bilston town centre, Lidl, the Sir Henry Newbolt Pub, Job Centre and Market Place are all within close proximity. The area is well served with a public pay and display car park nearby.

Tenure
We understand the property is Freehold and vacant possession will be given upon completion.

Value Added Tax
We understand that VAT will not be chargeable on this transaction. Further details will be available within the legal pack.

Planning
The property benefits from planning permission (reference 17/00952/FUL) dated 17th October 2017 for a new shop frontage and internal creation of two flats with 1 bedroom each on the first floor.
A copy of this planning permission will be available for inspection within the legal pack.

Viewings
Strictly by arrangement with the Auctioneers.

Tenure
Freehold. Vacant possession upon completion.

Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.

Energy Performance Certificates
EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.

Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.

Auction Fees
The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.
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