For Sale By Auction | 12:00, 16 October 2024 | Lot 46

The Old Corner House , Soho Street, Smethwick, West Midlands B66 2RH

*Guide | £85,000 (plus fees)

  • Commercial Property
  • Tenure: Freehold

Call the team on 01772 772450 for more information

Auction Date

Wed 16/10/2024

Auction Time

12:00

Auction Venue

Online Auction

Detached Former Public House with Development Potential STP

Auction House North West have not inspected the property; however, we understand that the premises consist of a detached building formerly in use as a public house. It is reported that the gable end of the building is partly collapsed. Accommodation: The property is understood to provide the following accommodation: First floor: Reception room, kitchen, four bedrooms and a bathroom. Ground floor: Bar area and toilet facilities. Lower ground floor: Cellar Externally there is a lean-to and a carpark to the rear. We have taken the total floor area from the Energy Performance Certificate (EPC) as follows: Total approx. floor area: 227 sq. m (2443 sq ft) Location: The property is situated in a mixed residential and commercial area within close proximity to amenities and transport links. Smethwick Galton Bridge Station is 0.7 miles and Smethwick Rolfe Street Station is 0.8 miles away. NO VIEWINGS AVAILABLE Tenure: Freehold Title number: WR13541 Length of Lease/Term: Ground Rent : £ Service Charge: £ Council Tax Band : Local Authority: Sandwell Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Sandwell Metropolitan Borough Council

Solicitors

Moore Barlow, Ref: Moore Barlow

Offered in association with

Spicerhaart

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Administration Charge - No fee applicable

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.