47 Zoar Street, Dudley, West Midlands DY3 2PA
- SIZE
Ask agent
- SECTOR
2 bedroom mixed use property for sale
Key features
- 0.15 acres site
- Two bedroomed apartment, former gym and retail unit with parking
- Scope to redevelop subject to planning
Description
For sale on 26 September 2024
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.
The auction will commence at 09:00.
47 Zoar Street comprises a retail unit, a two bedroom apartment, a former gym and substantial car park. The site may be suitable for redevelopment subject to planning or relet in its current form. The site extends circa 0.15 acres. Vacant possession upon completion.
The ground floor comprises a retail unit formerly a charity shop of circa 900sq ft and benefitting from a roller shutter.
The first and second floor has a two bedroom apartment which is in a poor state of repair and would need refurbishing to be habitable. Access is via a dedicated entrance from the car park.
To the rear is an extension which housed a gym over two stories and providing circa 1800 sq ft of accommodation. The whole site extends circa 0.15 acres.
The property is situated in the popular location of Lower Gornal, Dudley, close to excellent local amenities and schooling, with a variety of shops, restaurants and pubs within a close proximity. For commuters, various regular bus services operate throughout the area offering easy access to Dudley, Merry Hill, Wolverhampton and surrounding areas.
We have also been advised that a large well known low cost supermarket has plans to build a store on the opposite side of Zoar Street. We feel that this will being a raft of opportunities for alternate use of the building subject to planning consent.
Draft Sales Details These sales details are awaiting vendor approval.
Tenure: Freehold
EPC Rating: D D E
Terms:
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price:
Each property sold is subject to a Reserve Price. The Reserve Price 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. A full definition can be found within the Buyers Terms.
47 Zoar Street, Dudley, West Midlands DY3 2PA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Coseley Station2.6 miles
- Tipton Station2.8 miles
- Dudley Port Station3.4 miles
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Notes
Disclaimer - Property reference 202201120934sq_e39p. 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 SDL Property Auctions - 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 SDL Property Auctions - Commercial, Nationwide on 08000 465454.
*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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