industrial in B18
Western Road, Hockley, Birmingham, West Midlands, B18 7QD
Alternatively call 0191 580 1587 or email email@example.com
- Warehouse/Workshop Premises
- First Floor Offices
- Potential Planning Permission
- GIA 418sqm (4,500sqft)
- Freehold title
- Outside of Birmingham 'Clean Air Zone'
industrial in B18
FOR SALE BY AUCTION: Terms and Conditions apply.
We are pleased to offer to auction this warehouse/workshop premises with first floor offices (GIA 418sqm, 4,500sqft). The property sits at the rear of the Summerfield Industrial Estate which fronts Western Road, off the main Dudley Road /Springhill (A457), Springhill provides direct access to the middle ring road (Ladywood Middleway/Icknield Street). Birmingham City Centre is approximately 1 ¼ miles South East.
The property is a mid terraced warehouse at the rear of the estate comprising part of a former foundry building which has been refurbished in recent years. Arranged as showroom & three connected warehouse spaces. Forecourt parking, Roller Shutter. Concrete floor. The first floor comprises three offices kitchen & store areas. Canal located at rear. The property is fully mains connected and benefits from a sewerage system.
The property is to be offered as a freehold with vacant possession but a leaseback agreement could be reached if preferred - further details available upon request.
We understand the property has planning consent under Use Class B2 (General Industrial). The property may be suitable for alternative uses subject to appropriate planning permission.
Please note that we have not inspected this property.
Floorplan Summerfield Rd
This property is being sold subject to unconditional reservation fee auction terms and conditions.
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
For more information call our auction experts on 0191 206 9335 or email firstname.lastname@example.org
ONLINE AUCTION NOTICE
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My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
At the point of registration, you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within three business days. If you are the successful bidder we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the outstanding balance (if applicable) at which point you can opt to use the same card. Any amount payable at the close of the auction must be paid within 1 hour.
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Each auction will automatically stay open until there has not been a bid for 10 minutes. After 10 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last minute (or second) bidding and makes for a fairer auction as in a live room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
Up to £50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £1 million - £2,000 minimum bid
£1 million+ - £2,500 minimum bid
Please note this bidding process applies specifically to online auctions.
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