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SOLD STC

Stafford Street, Willenhall, WV13

Guide Price
£200,000

Business rates & charges may apply

Royal Estates Commercial, Nationwide
SIZE

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SECTOR

Commercial property for sale

Key features

  • FREEHOLD

Description

Sold by Under the hammer online auction Monday 18th-20th July 2022 for £170,000 A mixed-use investment consisting of one commercial unit and three additional one bedroom flats. NO CHAIN, VIEWINGS VIA AGENT.

PRIOR AUCTION OFFERS WILL BE CONSIDERED ON THIS PROPERTY.

VIEWING DAYS & TIME:

VIEWINGS BY APPOINTMENT ONLY. 

A Freehold Mixed use investment property consisting of one Commercial Retail Unit and three 1 Bedroom Flats which are set over three floor, all apartments have separate access as well as individual metres. 

The property is located on a busy high street with ample passing trade. 

The downstairs retail area at the rear has smoke damage, and requires refurbishment. 

The property is currently part occupied and the breakdown is as followed: 

First Floor (one bedroom flat): currently rented at £525PCM 

Second Floor Studio Flat: currently rented at £360PCM 

Second Floor Studio Flat (X2): Vacant 

Commercial Shop: Vacant. 

The property has scope to achieve a combined annual rental of £25,500PA. 

BIDDING

For bidding please visit: underthehammer. com

*START PRICES & RESERVE PRICES

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.

EPC

EPCs can be viewed in full on our website underthehammer. com on the sales details page or in the legal pack.

UNCONDITIONAL AUCTION DETAILS

Contracts are exchanged immediate at the end of the auction and a 10% deposit will be taken from the highest bidder. THIS DEPOSIT WILL CONTRIBUTE TOWARDS THE PURCHASE PRICE.

Completion will be 4 weeks. (28 days)

Every buyer must first create an account at underthehammer. com Remote bidding facilities are also available, contact the auction office for further details.

FULL TERMS & LEGAL DOCUMENTATION

Available at underthehammer. com

Stafford Street, Willenhall, WV13

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bilston Central Tram Stop1.6 miles
  • The Crescent Tram Stop1.6 miles
  • Loxdale Tram Stop1.8 miles

About Royal Estates Commercial, Nationwide

Head Office, 464 Bearwood Road, Bearwood, Birmingham, B66 4HA

Royal Estates Commercial, Nationwide

At Royal Estates, our experienced team of commercial property agents focus on industrial, warehouse, office and retail properties. We let, sell and manage commercial properties across the whole of the UK, focusing in and around Birmingham, the Black Country, West Midlands, Worcestershire and Shropshire.

Our team have an understanding of the property market, allowing us to give pragmatic, targeted advice on the disposal and acquisition of both freehold and leasehold properties. Throughou

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference 2342. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Royal Estates Commercial, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Royal Estates Commercial, Nationwide on 0121 387 6840.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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