Land in Birmingham

Land at 6 York Terrace, Hockley Hill , Birmingham B18 5AA
  • Lot No: 30
  • Property Type: Land
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £950,000+ plus fees

Result Sold After Auction

Property Description

The site comprises a number of former workshops which were in use until recently and appear in a dilapidated condition. These could be brought back into commercial use or converted into a residential scheme subject to obtaining appropriate planning consent. The site itself extends to approximately 0.4 acres and is accessed via the B4 100, between the junctions of Vysee Street and Key Hill, Jewellery Quarter, Birmingham, within an area earmarked for huge regeneration and within walking distance to recently completed residential schemes. The Jewellery Quarter railway station is within walking distance along with Birmingham city Centre and its recently installed tram network. We feel the site would suit a scheme utilising the current structures to create a unique and upmarket development subject to obtaining planning consent. We have been made aware of other proposed schemes within the area and would advise interested parties to inspect the site and the Council planning portal.

Value Added Tax

We understand that VAT is not chargeable.


Viewings

The site is open for viewings. We advise you don’t enter the buildings as they have not been structurally assessed.


Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 24th June 2021

Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

Land at 6 York Terrace, Hockley Hill , Birmingham B18 5AA