The Former Cock Inn, 75 Dudley Road, Rowley Regis, B65 8JY
Residential Development Opportunity in Rowley Regis
Guide price*
£250,000+
Plus fees
Sold for £276,000.
Virtual tour
Lot information
Land/Development
Auction details:
Wednesday 14th December 2022 @ 09:00AM
A Vacant Freehold Residential Development Opportunity comprising a former public house with planning permission for conversion and extension to create 3 No dwellings or alternatively to convert and extend the building to provide 9 No. self contained flats.
Property Description
The property comprises a former public house with planning permission for conversion and extension to residential to provide 3 No three bedroomed dwellings or alternatively with outline planning permission for conversion and extension to provide 9 No. self contained flats.Location
The property is situated off Dudley Road, adjacent to it’s junction with Doulton Road in a in a predominantly residential locality about 1.5 miles to the North West of Blackheath town centre.Other centres such as Birmingham, Dudley and Halesowen are about 8.5, 2 and 3.5 miles respectively whilst the national motorway network can be accessed via Junction 2 of the M5 Motorway which is approximately 2.5 miles distant.
Energy Performance Rating
A.Tenure
We understand that the property is Freehold but further information in respect of tenure and any other legal aspects, including certain rights to access and service certain adjoining land, please refer to the legal pack. Vacant possession upon completion.Planning
We understand that planning permission (Ref DC/22/67175) for the ‘Proposed conversion and two storey extension to create 3 No. dwellings and external alterations including canopies and covered areas over entrances’ was granted by Sandwell Metropolitan Borough Council on 11th August 2022 subject to conditions and CIL. As an alternative development scenario we also understand that an alternative planning permission (Ref DC/21/65344) for the ‘Proposed outline application for two storey side and single storey rear extensions to create 9 No. self contained flats (access, appearance, layout and scale)’ was granted by Sandwell Metropolitan Borough Council on 25th May 2021 also subject to conditions and CIL.Interested parties must however make their own enquiries of the Local Planning Authority, Sandwell Metropolitan Borough Council, in respect of planning and independently satisfy themselves as to the suitability of the property and site for any use or development they may propose.
Services
Certain mains services are believed to be available within the vicinity of the property but interested parties should independently satisfy themselves as to the availability and suitability of any mains services for their particular requirements.Ground Conditions & Contamination
Prospective purchasers must undertake their own investigations relative to ground conditions and contamination and independently satisfy themselves as to suitability of the site for any use or development they may propose.Plans/Aerial Photographs
Any plans or aerial photographs provided with these particulars are for identification purposes only and their accuracy is not guaranteed.Rights of way, wayleaves, easements, restrictive covenants etc.
The property is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants etc. which may exist whether mentioned in these particulars or not.Value Added Tax
We are informed that VAT will not be chargeable on the purchase price but for confirmation in this regard please refer to the Legal Pack.Auctioneer's Note
Please note offers may be considered prior to the Auction Sale.Remote Bidding Auction
This property is being offered via a remote bidding auction with bidding by proxy, telephone or internet only. You will need to pre-register for remote bidding, provide your identification and debit card details no later than 24 hours prior to the auction, please visit our website for further details.Viewings
See viewing schedule. Please note the appointments listed below are pre-booked so there is no need to book in prior to attending.DISCLAIMER
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
LIVE-STREAMED AUCTION
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction. Please click here for further details.
*DEFINITION OF GUIDE & RESERVE PRICE
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
COSTS AT AUCTION
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction. Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
