363-365 Dudley Road, Winson Green, Birmingham, B18 4HB

Double retail unit in Winson Green

Guide price*

£250,000+

Plus fees

Sold for £780,000

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Lot 1 Commercial Vacant
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Auction details:

Wednesday 9th December 2020 @ 09:00AM

Live-streamed Auction

A Vacant Freehold Double Retail Unit

Property Description

A two storey end terraced property fronting Dudley Road within the commercial centre of Winson Green and some 1.5 miles north west of Birmingham City Centre. The premises comprise of a large retail area to the ground floor with storage area and residential/storage area to the first floor.

Accommodation

Ground Floor: Large Retail Shop with Entrance and Display Windows facing Dudley Road. Store, Shower Room and WC, Office, Kitchen, Additional Shower Room and WC. A Staircase leads to the first floor.
First Floor: Open-plan Office/Storage Area, access to Lift Shaft and access to Landing, WC, Bedroom and Dressing Area, Two Interconnecting Rooms, Kitchen, Two WC's and Shower.
Outside: Rear Yard with access to Lift Shaft and Vehicular access via right of way, Store with Kitchenette, Shower Room and WC.

Energy Performance Rating

See legal pack.

Tenure

Freehold – Vacant possession upon completion.

Auctioneer's Note

Please note no offers will be considered prior to the Auction Sale.

Auctioneer's Note

Please 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 £2,250.
In addition to the purchase price, the purchaser will be required to pay the Auctioneer's fees as stated within the legal pack.

Remote Bidding Auction

This property is being offered via a remote bidding auction with bidding by proxy, telephone or internet only. You will need to pre-register for remote bidding, provide your identification and debit card details no later than 24 hours prior to the auction, please visit our website for further details.

Viewings

See viewing schedule – You must watch the 360° video tour (if available) before attending a viewing in person. Viewing parties will be limited to only two people from the same household, there will be a queuing system outside the property and you will be required to keep 2 metres distance from other viewing parties at all times. The wearing of PPE is mandatory. Please note the appointments below are block viewings, there is no need to book in prior to attending.
Wednesday 25th Nov 2020 12:00-12:30
Monday 30th Nov 2020 12:00-12:30
Wednesday 2nd Dec 2020 12:00-12:30
Monday 7th Dec 2020 12:00-12:30

Accommodation

Sq.m. Sq.Ft.
Ground Floor Retail Area: 282 sq.m. 3,035.42 sq.ft.
Ground Floor Storage: 216 sq.m. 2,325 sq.ft.
First Floor Storage: 148 sq.m. 1,593.06 sq.ft.
Total NIA: 646 sq.m. 6,953.49 sq.ft.
BCC
DISCLAIMER

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 include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

LIVE-STREAMED AUCTION

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 has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. 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.

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