Next auction Thursday 15th August 2.30PM

Rooftop Telecoms Mast at Tameway Tower, Bridge Street, Walsall, West Midlands, WS1 1JZ



Sold
Prior
Guide price

£43,000


Key Features

  • Rooftop telecoms investment let to Cable and Wireless at a rent of £13,326 + VAT
  • Telecoms mast and associated equipment
  • Rooftop position on 11 storey Tower Block

Part of the 26 April 2018 auction
Nottingham Racecourse at 2.30PM

Rooftop telecoms investment let to Cable and Wireless at a rent of £13,326 + VAT.

  • Telecoms mast and associated equipment
  • Rooftop position on 11 storey Tower Block
  • Situated in the heart of Walsall town centre
  • Tower Block to be converted to residential appartments
  • Unrivaled position with clear views over Walsall
  • Specialist investment opportunity
  • Existing lease commenced 1st June 1988
  • (Mast not confirmed as that presented on subject photo)

Strictly by appointment Please contact Auction Estates 0115 7844 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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.

To be sold on a new 99 year long leasehold, subject to the letting of the mast and equipment to Cable and Wireless on a 25 year lease from 1st June 1988 (tenant holding over)

Email: steven.petty@feldondunsmore.co.uk
Telephone: 01926629005

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