3 Worcester Road & Land to the Rear, Bromsgrove, B61 7DL
A substantial town centre residential & commercial development opportunity with planning consent for 10 apartments in Bromsgrove
Guide price*
£399,500+
Plus fees
Lot information
Commercial Vacant
Land/Development
Auction details:
Thursday 6th February 2025 @ 08:30AM
A substantial town centre residential & commercial development opportunity with planning consent for 10 apartments
Property Description
3 Worcester Road comprises a mid-terraced, three storey Grade 2 Listed shop arranged as:- Self-contained shop fronting onto Worcester Road of some 842 sq.ft. Lobby to the rear provides access to the former Office accommodation, some 2111 sq.ft which has been stripped to allow for conversion to 3 no. two bedroomed flats and a one-bedroomed flat. To the rear is a site with access off Paradise Road of some 0.107 acres on which planning consent has been gained for a two-storey block of 6 one-bedroomed flats. The total floor area is 2953 sq. ft (274 sqm) on some 0.15 acres.Location
The Property is located between Worcester Road and Paradise Road situated within Bromsgrove Town Centre close to the junction with High Street, a predominantly Retail area.All main urban amenities are available within Bromsgrove Town Centre together with good road and rail communications. The property fronts the main Worcester Road, whilst the rear site is accessed via Paradise Row from Station Street.
Energy Performance Rating
C & E.Tenure
Freehold – Vacant possession upon completion.Site Area
The site extends to approximately 4,089 sq. m or thereabouts.Services
Certain mains services are understood to be available in the vicinity of the site, but prospective buyers should make their own independent enquiries as to the suitability of services for their particular requirements.Ground Conditions & Contamination
Prospective buyers must undertake their own investigations with regard to ground conditions and contamination and fully satisfy themselves as to the suitability of the site for any use they may propose.Plans/Aerial Photographs
Any plans provided with these particulars are for identification purposes only and their accuracy is not guaranteed.Rights of way, wayleaves, easements, restrictive covenants etc.
The site is sold subject to, or with the benefit of any rights of way, wayleaves, restrictive covenants etc. which may exist whether mentioned in these particulars or not.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.
