Arkwright Road, WalsallAuction Guide Price £120,000 PLUS
Sold STCAuction House Birmingham & Black Country - 0121 289 3838EMA00016695
- Livestream Auction 11th July 2024 at 6.00 pm
- Bidding Registration Required
Situated on the corner of Edison Road and Arkwright Road, this Freehold residential building plot amounts to some 0.25 of an acre (963 sq m) and has Planning Permission for the erection of a 3 storey block of apartments to accommodation 9 self contained units Application 18/1282. Copies of the Decision Notice and associated plans can be found in the legal pack.
It is understood that all planning conditions have been met including ground investigations and drilling of 3 trial holes and the first building inspection has taken place (documents to follow).
The original Planning Application allowed for 7 x 2 bedroom and 2 x 1 bedroom. There are amended plans showing the 2 corner units may be converted to 2 bedrooms.
The site is conveniently located on the corner of Edison Road and Arkwright Road with access from Edison Road and is located within a short distance of Walsall Town Centre and with good transport links including the M6 Junction 10.
The apartments would make an ideal purchase for a builder looking to sell on or for an investor looking to retain and add to a portfolio.
- Additional Fees
Buyer's Premium - 1% plus vat
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
- Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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