32-34 Bradford Street & 2 Bradford Lane, Walsall, WS1 3QA

Freehold office premises in Walsall

Guide price*

£320,000+

Plus fees

Unsold

Lot 111 Commercial Vacant
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Auction details:

Thursday 30th March 2023 @ 09:00AM

An Imposing Vacant Freehold Terrace Of Period Offices Together With A Rear Workshop. Having The Benefit Of Planning Permission For A Residential Conversion But Also Considered Suitable For A Variety Of Alternative Uses Including Medical, Educational, Day Nursery And Religious Subject To Obtaining The Appropriate Planning Permission

Property Description

An imposing three storey terrace of office premises with rendered front elevations surmounted by a pitched tile clad roof and set behind a parapet wall. We are advised that numbers 32 and 33 are Grade II Listed. The main property provides flexible space, considered suitable for a variety of alternative uses including residential, refurbishment for a continuation for office use, educational, medical, religious or day nursery, subject to obtaining the necessary planning consents. It should be noted that parts of the building are in need of repair and full modernisation. In addition the sale also includes 2 Bradford Lane situated to the rear of the main building this comprises a separate brick built workshop/industrial unit with roller shutter access directly from Bradford Lane and provides secure parking. We understand that the property has been in the same family ownership since the mid 1950's.

Location

The property occupies a prominent frontage to the eastern side of Bradford Street lying between the junctions of Caldmore Road and Vicarage Place within Walsall town centre and being within a short walk of the main retail core. Within the immediate vicinity there is a good mix of professional offices, residential, restaurant and other commercial uses.
Walsall is centrally located approximately 9 miles north west of Birmingham, 7 miles east of Wolverhampton and 9 miles from Lichfield.

Accommodation

32-34 Bradford Street: NIA approximately 3,655sqft - 339.58sqm.
2 Bradford Lane: Approx 1,016sqft- 94.43sqm

Energy Performance Rating

See legal pack.

Tenure

Freehold – Vacant possession upon completion.

Planning

Planning permission was granted on 28th June 2022 by Walsall Council application number 19/0122. For a proposed change of use and conversion of existing offices to five apartments comprising two 2 bedroom and one 3 bedroom self contained apartments in 32 and 33 Bradford Street and one 1 bedroom and one 2 bedroom self contained apartments in 34 Bradford Street. Removal of rear workshop and the creation of car parking via Bradford Lane.
A copy of the planning application will be included in the legal pack.

Value Added Tax

For clarification in respect of whether or not VAT will be chargeable on the purchase price 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

Strictly by appointment with the Auctioneers.
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 £2,160 inc VAT (£1,800.00 + 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.

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