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Industrial units for auction in Gailey, Staffordshire

Create Alert 3 results Sorry, we currently do not have any listings in 0 miles of Gailey, Staffordshire - Please find below the nearest listings available.
• Large Modern Warehouse Premises
• 1.5 Acre Site - 44,486 sq.ft. (4,133 sq.m)
• Freehold
• Two storey office
• Courtyard space
• Part income producing: £21,000 pax (6,233 sq.ft)
• Potential to let entire unit for £155,000 per annum
** UNSOLD – AVAILABLE AT £33,000**

A Freehold Lock-up Unit considered suitable for a number of alternative uses subject to obtaining appropriate planning permission

Property Description
The property comprises a single storey brick built lock-up/warehouse unit with a pitched roof. The internal area of the unit is approximately 210 sq.ft. (20 sq.m.) and provides office space, kitchen and WC facilities. Externally there is a yard area with a gated entrance. We consider the property suitable for variety of alternative uses subject to obtaining appropriate planning permission.

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

Location
The property is located on Cornwall Road in the predominently residential area of Handsworth Wood. The unit lies between two residential properties and is accessed via a driveway leading immediately off Cornwall Road. We understand that the neighbouring properties have pedestrian rights of way over the driveway (please see Legal Pack for full details).

The property benefits from good access to local and national motorway networks via junction 1 of the M5 which lies approximately 2 miles to the west along with Birmingham city centre being approximately 3.5 miles away.

Value Added Tax
We understand that VAT will not be chargeable on this transaction.

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
79a, Cornwall Road, Birmingham, B20 2HY
A Freehold Lock-up Unit considered suitable for a number of alternative uses subject to obtaining appropriate planning permission
Type: Mixed Use, Warehouse, Other Property Types & Opportunities, Industrial
Location: 79a Cornwall Road, B20 2HY
Size: 210 Sq Ft
Images: 2
Brochures: 1
View Property
** UNSOLD, PLEASE REFER TO AUCTIONEER **

Occupying a prime location, this mixed use investment opportunity offers a multitude of possibilities. Currently retail unit (previously rented at £550.00 per calendar month) trades as a convenience store/off licence (business not for sale). Whilst at first floor level is a recently refurbished flat currently offered with vacant possession (previously rented at £450.00 per calendar month). Whilst to the rear is a self contained suite of workshops with yard and Garage currently let on a rolling contract at £650.00 per calendar month. Potential Income is therefore in the region of £19,000.00 per annum. Thus giving a yield of approximately 11.5 % based upon Guide Price.

Purchasers will be left with various options and therefore viewing of this flexible opportunity is recommended.-

The property comprises:-

Tenure

See Legal Pack

Ground Floor Retail Shop

Retail Area: 51.5 sq m with additional store rooms.

Self Contained First Floor Flat

With gas central heating and double glazing. Lounge 4.68m x 4.62m, Recently Re-fitted Kitchen 3.64m x 3.27m, Bedroom One 4.28m x 4.25m, Bedroom Two 3.1m x 2.66m, Recently Re-fitted Bathroom with white suite 2.78m x 2.1m, Two Store Rooms and Utility Room.

Rear Commercial Workshops

Door leads to Entrance Hall with access to office 4.05m x 2.14m, Workshop One 5m x 5.5m, Workshop Two 7.51m x 9.19m. Main Workshop 15.23m x 6.8m, roller shutter door leads to semi enclosed yard with double gated access. Separate brick Garage 6.24m x 3.66m

Hoardings

There are two hoardings on the side of the building for which a rent is received of £265.00 per quarter.

Viewing

Viewing strictly by appointment through the Auctioneers on 0121 289 3838

Energy Efficiency Rating (EPC)

Current Rating E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Walsall Metropolitan Borough Council

Solicitors

Anthony Major, Woodhouse & Co, 25 Lichfield Streetq, Walsall, WS1 1TJ, Tel: 01922 612523

Additional Fees

Administration Charge - £795 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
45-47, High Street, Walsall, WS3 2BZ
Mixed Use Investment Opportunity
Type: Retail, Mixed use, Flat, Storage, Other, Office, Other Property Types & Opportunities, Residential, Industrial, Offices
Location: 45-47 High Street, WS3 2BZ
Images: 13
Brochures: 1
View Property
** UNSOLD, PLEASE REFER TO AUCTIONEER **

Investor opportunity - The freehold sale of 10 to 13 (inc) Southfield subject to the leasehold interest of 10 to 13 Southfield. Plus the freehold sale of garages 1 to 12 (inc) - Ten tenanted garages each paying £8.53 per week, one vacant garage, one garage forming part of the leasehold title.

Tenure

Freehold

Description

Freehold sale 10 - 13 (inc)
Leasehold interest 10 - 13 (inc)
Freehold sale garages 1 - 12 (inc)
10 Tenanted, one vacant, one part of
Leasehold title

The Seller

The seller is a registered social landlord and is therefore prohibited from selling a property to anyone who is an employee or director of the seller, or was in the last 12 months an employee or director, or is a close relative of such a person or a agent on their behalf.

Local Authority

Telford and Wrekin Borough Council

Solicitors

Penny Mincher, The Wrekin Housing Trust Limited, Colliers Way, Old Park, Telford, TF3 4AW, Tel: 01952 217057

Additional Fees

Administration Charge - £714 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Freehold Sale 10 to 13 Inc And Garages 1 to 12 Inc, Sutton Hill, Southfield, Telford, TF7 4HP
Residential Investments
Type: Flat, Storage, Other, Residential, Industrial, Other Property Types & Opportunities
Location: Freehold Sale 10 to 13 Inc And Garages 1 to 12 Inc, Sutton Hill Southfield, Telford, TF7 4HP
Images: 1
Brochures: 1
View Property
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