Abacus Court, Bull Street, Harborne, Birmingham, B17 0HH
Freehold office building with planning for residential conversion in Harborne
Guide price*
£549,000+
Plus fees
Unsold
Virtual tour
Lot information
Commercial Vacant
Auction details:
Thursday 26th October 2023 @ 09:00AM
A Substantial Vacant Freehold Office building Occupying A Prime Position In A Popular Residential Road, Benefitting From Planning Permission To Extend And Convert To A Residential Dwelling With Secure Car Parking
Property Description
The property comprises a spacious three storey terrace, constructed in the 1990's to blend with existing Victorian terraces within the road, and extending to approximately 3,000sqft (278.70sqm) There is a gated parking area and a rear enclosed courtyard/parking. The property has until recently been used as professional offices but has planning permission to extend and change of use to an attractive single residential dwelling to approximately 3,611sqft (335.5sqm).Location
The property fronts Bull Street one of Harborne's premier central residential roads, running off the High Street and linking with Greenfield Road.Bull Street is well known for it's mix of period architecture and well kept houses, with easy access to local shopping, bars and restaurants along High Street together with Waitrose and Marks and Spencer's.
The area is well served by excellent state and independent schools and recreational amenities include Edgbaston and Harborne Golf Clubs, Edgbaston Priory Sports Club, Warwickshire County Cricket Ground and the Botanical Gardens.
Accommodation
The property currently provides office accommodation as follows.Ground Floor: Entrance, Lobby, Front Office, Studio Flat having Kitchen/Living Area/Shower Room.
First Floor: Landing, Five Offices, WC and Wash Hand Basin.
Second Floor: Landing, Four Offices, WC and Wash Hand Basin.
Outside: A Gated Entrance to Car Parking and enclosed private Courtyard.
Energy Performance Rating
DTenure
Freehold – Vacant possession upon completion.Planning
The property benefits from planning permission, application number 2022/00609/PA dated 29th March 2022 and granted by Birmingham City Council.The permission is for a change of use from offices (use class E) to a dwelling house (use class C3) and erection of single storey and two storey rear extensions including Juliet Balcony to rear, dormer windows, installation of gates, new door to front elevation and boundary wall railings to the front.
All interested parties must make their own enquiries of the local planning authority in respect of the proposed future use, and further floor areas and dimensions.
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 that the completion period for this property is 8 weeks (56days).Auctioneer's Note
Please note offers may be considered prior to the Auction Sale.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 £2,340 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.
