Next auction Thursday 20th June 2.30PM

Unit 40, Charles Street, West Bromwich, West Midlands, B70 0AY



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Guide price

£35,000 +


Key Features

  • Providing a rectangular shaped unit of 600 sq ft (58.60 sq m) - Source VOA
  • Held on a long leasehold interest
  • Ample yard area for parking, loading and circulation off Charles Street
  • Let at £3,600 pax on a short term tenancy

Part of the 13 December 2016 auction
Nottingham Racecourse at 2.30PM

An opportunity to acquire an industrial unit, to be sold on a new 250 year lease. Let at £3,600 per annum on a flexible lease (VP with notice)

Contact Paul Giles on (0115) 78 44 600

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Leasehold - to be sold on a new 250 year lease and is subject to a short term letting at £3,600 pax (Vacant Possession with notice)

TBC

Email: ebuck@es-law.co.uk
Telephone: 01295 204000

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