Auction House London

Lot 121

Commercial Development - Commercial Property 

Former Friar Park Clinic

Friar Park Road, Wednesbury, West Midlands, WS10 0JS

Sold prior to auction, for an undisclosed amount

A Substantial Former Health Centre (D1 Use) Measuring Approximately 248.5 sq m (2,675 sq ft) Occupying a Site Extending to Approximately 0.079 Ha (0.195 Acres). Potential for Redevelopment of Current Building to Provide a Variety of Uses Including a Residential Scheme (Subject to obtaining all relevant consents). Offered with Vacant Possession.

Description

The property comprises a detached single storey building arranged over ground floor only most recently used as a health centre (D1 use). The building is alarmed and surrounded by palisade fencing. The property benefits from roller shutter doors that cover the entrance and fire exit. Potential Tenancy An agreement has been reached (subject to contract) to grant a new 5 year FRI lease to Select Lifestyles Ltd at a rent of £25,000 per annum which the incoming buyer will be able to proceed with should they wish. The heads of terms can be viewed in the legal pack.

Tenure

Freehold

Location

The property is situated in a predominantly residential area on the north side of Friar Park Road close to local shops and amenities and adjacent to Pulse Soccer and Fitness. Transport links are provided by Tame Bridge Parkway rail station which is just a short walk away.

Exterior

The property benefits from off-street parking to the front and a rear yard. The site is fenced off.

VAT

VAT is not applicable

Accommodation (2nd Column)

Ground Floor
Reception Area
Five Consultation Rooms
Large Open Space
Kitchen
Further Kitchenette
Three WC's

GIA approximately 248.5 sq m (2,675 sq ft)

Total Site Area approximately 0.079 Hectares (0.195 Acres)

Planning (2nd Column)

Local Planning Authority: Sandwell Borough Council (www.sandwell.gov.uk)

Viewing Details

If you would like to organise a viewing, please email rhiannon@auctionhouselondon.co.uk

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about Former Friar Park Clinic, Friar Park Road, Wednesbury, West Midlands, WS10 0JS

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