Property photos
Auction
Freehold
Guide price
£65,000
Office for sale
60 Bradford Street, Walsall WS1Local area information
Property location
Nearby amenities
- Walsall 0.2 miles
- Blue Coat Church of England Academy 0.4 miles
- Caldmore Primary Academy 0.4 miles
- Bescot Stadium 1.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Freehold- The current lease has expired, the tenant is currently holding over by way of a periodic tenancy at a rent of £6,000 per annum.
For Sale By Public Auction on 11 July starting at 08:30 am - A freehold town centre office investment property
Current rental income £6,000 pa
The property comprises a three storey mid terraced self contained office investment property.
The accommodation is configured to provide on the ground floor, main entrance, reception area, three offices, stationery store, and boiler room. On the first floor there is a landing, kitchen/staff room, two WC's, cleaning store, two offices and a store cupboard.
On the second floor there is attic storage.
The property benefits from a secondary entrance direct from Bradford Street which would allow the ground floor and first floor to be separately self contained.
Location
The property is conveniently located to the western side of Bradford Street within a short walk of the main retail and leisure amenities available in Walsall town centre.
Energy Performance Rating
E
Tenure
Freehold- The current lease has expired, the tenant is currently holding over by way of a periodic tenancy at a rent of £6,000 per annum.
Value Added Tax
We understand VAT is not chargeable on this transaction.
Auctioneer's Note
Please note offers may be considered prior to the Auction Sale.
Viewing Times
Strictly by appointment with the Auctioneers.
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.
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.
*Definition of Guide Price and Reserve
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 £1,920 inc VAT (£1,600.00 + 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. 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. The legal packs and further information about buying at auction are available on the Bond Wolfe's website.
Current rental income £6,000 pa
The property comprises a three storey mid terraced self contained office investment property.
The accommodation is configured to provide on the ground floor, main entrance, reception area, three offices, stationery store, and boiler room. On the first floor there is a landing, kitchen/staff room, two WC's, cleaning store, two offices and a store cupboard.
On the second floor there is attic storage.
The property benefits from a secondary entrance direct from Bradford Street which would allow the ground floor and first floor to be separately self contained.
Location
The property is conveniently located to the western side of Bradford Street within a short walk of the main retail and leisure amenities available in Walsall town centre.
Energy Performance Rating
E
Tenure
Freehold- The current lease has expired, the tenant is currently holding over by way of a periodic tenancy at a rent of £6,000 per annum.
Value Added Tax
We understand VAT is not chargeable on this transaction.
Auctioneer's Note
Please note offers may be considered prior to the Auction Sale.
Viewing Times
Strictly by appointment with the Auctioneers.
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.
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.
*Definition of Guide Price and Reserve
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 £1,920 inc VAT (£1,600.00 + 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. 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. The legal packs and further information about buying at auction are available on the Bond Wolfe's website.
More information
Listed by
Bond Wolfe Auctions
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Property descriptions and related information displayed on this page are marketing materials provided by - Bond Wolfe Auctions. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bond Wolfe Auctions for full details and further information.