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Lot 26
87/87a Darlington Street, Wolverhampton, West Midlands WV1 4EX

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Sold: £365,000

BY ORDER OF TRUSTEES
6 Week completion

SITUATION

Occupying a prominent trading position in one of the main retail/A2 thoroughfares of the town, directly opposite a large House of Fraser Department Store (Beatties), nearby branches of Café Nero, Swinton, KFC, Subway, Connells, Reeds Rains and close to the busy intersection with North Street, Queens Square & Victoria Street where the Mander Centre and the modern Wulfrun Shopping Centre are located.
Wolverhampton centre lies within the A4150 ring road enjoying easy access to the M6 (J10) and M54 (J2) some 17 miles north west of Birmingham.

PROPERTY

An attractive terraced building split into 2 units with the following accommodation:

• No.87 comprises a Ground Floor Shop with Basement Storage and internal access to Offices, Kitchen & WC's across the entire first floor level.

• No.87a comprises a Ground Floor Restaurant with a Rear Yard which has a timber framed lean-to roof providing an outside seating area (15 covers).

There is a rear private service road included in the Freehold allowing vehicular access for private parking for up to 6 cars.

VAT is NOT applicable to this Lot

FREEHOLD

*Please note:

RESERVE:The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE: Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.