154c high street, Walsall, West Midlands, WS3 3JT
- Conditional Online Auction Sale
- Bedrooms: 3
Holding an excellent position on Bloxwich High Street, this three-storey café business premises is available for purchase via the modern method of auction.
Tenure
FREEHOLD
Description
Ground Floor
The building has two entrances from High Street; one for customers and one for staff to be able to access and securely close the property. The main customer entrance features double opening doors with tall windows on either side and a secure electric roll shutter in front.
The ground floor comprises of a large seating area to the front with the bar service area to the rear. Separating these two main areas is a winding staircase to the first floor that has a handy storage cupboard located underneath. Just to the front of the staircase is the exit to the side passage (from where the staff entrance leads) which has a further guest wc with toilet and wash basin.
Beyond the bar area there is a secluded kitchen area with wash basins and plenty of power sockets. It has a narrow recess for dry storage. To the rear left of the building is the disabled wc which is a generous space and includes a toilet and wash basin.
First Floor
The first floor comprises of one long open area stretching from the front of the building to the rear with lovely exposed wooden flooring. In the centre of the first floor is the staircase from the first floor which then continues above to the second floor staff area.
At the front there is a fetching bay window looking over All Saints Church and to the rear there is a secure exit to a steel balcony with attractive glass barriers providing an outdoor seating option.
Second Floor
The second floor is currently designated for staff only and features a rest area, office and shower room.
The rest area is to the front of the room and is an open area with window to the front. The office area is to the rear of the room and has a skylight roof window to provide natural light. Between the two is a pull-down loft ladder to access the attic which is boarded out to offer further storage solutions. The shower room is a delightful modern suite with a curved shower cubicle, wash basin and wc, with clean white tiling to complement.
Parking
There is no parking for the property, however there is a free-to-park car park located opposite on Station Street (next to the Police Station).
ROOM SIZES
Ground Floor
Bar & Seating: 34’2 (plus windows) x 10’10
Kitchen: 8’8 x 5’10 (plus recess)
Disabled WC: 5’10 x 4’8
Customer WC: 7’6 x 3’2
First Floor
Seating Area: 35’4 (plus bay window) x 10’10
Balcony: 14’0 x 6’8
Second Floor
Staff Area: 10’10 x 8’9
Shower Room: 5’5 (maximum) x 5’2
Office Area: 11’10 x 5’1 (plus recess)
EPC Rating
85 D
Opening Bid and Reserve Price
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
Comments
This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.
Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer's Premium of £6,582 including VAT, plus a buyer's administration charge of £372 including VAT, a total of £6,954. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium and buyer's administration charge are in addition to the final negotiated selling price.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £372 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
- You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
- Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.
Energy Performance Certificate (EPCs)
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
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