Former nursery with potential as flats to feature in Bond Wolfe’s ‘live’ auction in July
A former nursery in the black country, considered suitable for conversion into flats, is due to go under the hammer at the next Bond Wolfe auction with bids set to start at £190,000.
Brotherhood Hall, in Trinity Street, Brierley Hill, was formerly used as an early years day nursery and will feature in the upcoming auction on Thursday 21 July in The Holte Suite, at Aston Villa FC.
It will be the first return to the auction room for Bond Wolfe in two and a half years, and the sale will run both live in the room and livestreamed online.
James Mattin, joint managing director agency at Bond Wolfe, said: “This attractive building could be one of the stars of the sale, particularly given its highly attractive guide price* of £190,000+.
“Subject to obtaining the necessary planning consents, it could be converted to a residential property. Indeed, an architect has already drawn up plans for redevelopment into four two-bedroom flats and a fifth one bedroom flat.
“The Former nursery sits in the residential area at the heart of Brierley Hill and the building itself extends to 3,025 sq ft (281 sqm).”
The building currently consists of of 1,745sqft of space on the ground floor including a large trade area with various storerooms and a reception and kitchen. The first floor extends to 1,280 sq ft including further trade space and several rooms suitable for storage.
A short distance from the main Brierley Hill High Street, the area has easy access to the nearby local towns of Wordsley, Kingswinford, Dudley and Stourbridge. The Intu Merry Hill shopping centre is only a five minute drive away.
Mr Tudor added: “This kind of attractive commercial property helped make our livestreamed auctions a magnet for UK-wide and overseas investors during the pandemic.
“Our sale event in May saw over £26 million raised in sales, with 142 lots sold and more than 17,000 viewers logging on to watch the auction live, with buyers logging in from across the UK and abroad.
“But now it is the right time to get ‘back in the room’.”
The auction starts at 9.30am on 21 July in the Holte Suite and the auction will also be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet.
For more details and to register to bid visit www.bondwolfe.com/property-auctions-west-midlands/, or email [email protected], or call 0121 312 1212 or 01902 928 510.
Anyone with properties to sell in a future auction can arrange a free appraisal by calling the auction team or visiting www.bondwolfe.com/free-property-appraisal/.