LOT 17

GUIDE PRICE: £375,000 - £395,000 PLUS VAT

The White Lion, 150 Sandwell Street, Walsall, West Midlands, WS1 3EQ

Solicitor Details

Murria Solicitors, Court Chambers, 180 Corporation Street, Birmingham B4 6UD Tel: (0121) 234 0903 ~ Ref: A Kang

*Guide Price & Reserves

COMMERCIAL / RESIDENTIAL DEVELOPMENT

Property Description

A large part single and part 3 storey former public house of approximately 6,600 sqft on a rectangular site of 0.18 acres. There is potential to develop the site to residential subject to planning. An illustrative scheme is available for development to 13 apartments partly within the existing buildings and some new builds.

Location:

The property occupies a prominent corner position on Sandwell Street and Little London, near to Little London Surgery and the junction of Vincent Street / West Bromwich Street.

Accommodation:

Ground Floor: 3 bar areas, small commercial kitchen, WCs.
First Floor: 4 rooms, kitchen, bathroom.
Second Floor: 2 rooms.
Outside: Large beer garden, stores.

Planning:

  • Potential for other uses subject to planning
  • An illustrative scheme is available for 13 apartments with some new build elements
  • Local Authority: Walsall Council: (0330) 403 6313

Note:

We have been advised that VAT will not be payable on a residential scheme.

Tenure

Freehold.

Energy Performance Certificate:

Rating 82, Band D.

Property Floor sqft (sqm) approx. Use EPC Lease Rent (£) pax
FLAT BUILD FLOOR BEDROOMS SQFT (SQM) APPROX
1 Existing G/F 2 646 (60)
2 Existing G/F 1 560 (52)
3 Existing G/F Studio 463 (43)
4 Existing G/F 1 538 (50)
5 Existing F/F 1 538 (50)
6 Existing F/F 1 527 (49)
7 Existing F/F Studio 377 (35)
8 Existing 2/F 2 646 (60)
9 Existing 2/F Studio 431 (40)
10 New Build F/F 1 538 (50)
11 New Build G/F 1 538 (50)
12 New Build G/F 1 538 (50)
13 New Build F/F 1 538 (50)
Outside Amenity space

Generally speaking Guide Prices 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. Virtually every 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.

WS1 3EQ

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The White Lion, 150 Sandwell Street, Walsall, West Midlands, WS1 3EQ
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