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Lot 6 Sold £357,000

Auction: Thursday 17th September 2020

1/1a Bradford Street & 12 The Bridge, Walsall, West Midlands WS1 1NX

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Lot 6   Click here for addendum

Freehold Town Centre Residential Development Opportunity plus Vacant Shop
6 Week Completion

Situation

Located on this pedestrianised retail thoroughfare at the intersection with Park Street, Bridge Street, Bradford Street and Digbeth in this busy town centre. Nearby multiple retailers include Primark, Greggs, Betfred, CEX and Sports Direct.
Walsall is a busy West Midland town located approx. 8 miles north-west of Birmingham and benefitting from good road access lying adjacent to the M6 Motorway (Junctions 8 to 10).

Property

A prominent corner building comprising:
Ground Floor Corner Shop and Basement with frontages to both The Bridge and Bradford Street.
2 Ground Floor Shops fronting Bradford Street.
Self-Contained Offices planed on the first, second and third floors accessed from its own street entrance on Bradford Street.

VAT is applicable to this Lot

FREEHOLD

Enquire about this lot:

Photo of Steven Grossman

Steven Grossman
020 8492 9449
sgrossman@barnettross.co.uk

Photo of Elliott Greene

Elliott Greene
020 8492 9449
egreene@barnettross.co.uk

JOINT AUCTIONEER:
Fraser Wood
Tel: 01922 629 000   Ref: Steve Johnson
commercial@fraser-wood.co.uk

*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.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.