£625,000
Office for sale
Property photos
Just added
Auction
Freehold
Guide price
£625,000
Office for sale
Unit 2, 75 Midland Road, Walsall WS1Local area information
Property location
Nearby amenities
- Walsall 0.3 miles
- Abu Bakr Girls School 0.4 miles
- Caldmore Primary Academy 0.4 miles
- Bescot Stadium 1.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Walsall to find out more about the local area.
Features and description
- Freehold
- Freehold Vacant possession upon completion. It should be noted however that the car park accessed from Graphic Close is owned by way of virtual freehold, subject to a 999 year lease at a...
For Sale By Public Auction on 26 March starting at 08:30 am - A substantial vacant freehold industrial premises and offices extending to approximately 29,763 sq ft. (2765 sqm.) Having a secure yard and car parking. Considered suitable for a wide variety of alternative uses or redevelopment subject to obtaining any necessary planning permissions
The property comprises a historic town centre industrial premises incorporating large workshops, with two storey offices, store rooms together with a basement cellar. Formally the home to Vale Brothers Ltd (est. 1786) A manufacturer of equestrian products including saddlery, by appointment to Her Majesty Queen Elizabeth II.
Externally there is a yard and shared use of a large carpark with secure gated access from Graphic Close. The property has the benefit and use of two roller shutter doors, one directly on Midland Road and the second from within the secure yard to the side. The main workshop areas are configured over a number of adjoining bays which lead to a prefabricated two storey structure offering additional offices and stores.
Location
The subject property is prominently located on the Eastern side of Midland Road within Walsall Town Centre. Midland Road links with Tasker Street to the South which in turn links with Wednesbury Road, the latter continuing South with Bescott Road which provides direct access to the Midland motorway network via Junction 9 of the M6 Motorway. The property is within easy walking distance of all the shopping and amenities available within Walsall Town Centre together with good public transport links including Walsall Railway Station.
Energy Performance Rating
D
Tenure
Freehold Vacant possession upon completion.
It should be noted however that the car park accessed from Graphic Close is owned by way of virtual freehold, subject to a 999 year lease at a peppercorn rent, part of which being 20 car parking spaces to the rear, is subject to an underlease for 998 years to an adjoining occupier in Wednesbury Road.
Full details relating to tenure will be available within the legal pack, and all interested parties must seek their own verification of the above.
Value Added Tax
For clarification in respect of whether or not VAT will be chargeable on the purchase price please refer to the Legal Pack.
Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.Viewing Times
Strictly by appointment with the Auctioneers. Please complete the request a viewing' form or contact the office.
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.
Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
*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 £2,340 inc VAT (£1,950.00 + 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.
The property comprises a historic town centre industrial premises incorporating large workshops, with two storey offices, store rooms together with a basement cellar. Formally the home to Vale Brothers Ltd (est. 1786) A manufacturer of equestrian products including saddlery, by appointment to Her Majesty Queen Elizabeth II.
Externally there is a yard and shared use of a large carpark with secure gated access from Graphic Close. The property has the benefit and use of two roller shutter doors, one directly on Midland Road and the second from within the secure yard to the side. The main workshop areas are configured over a number of adjoining bays which lead to a prefabricated two storey structure offering additional offices and stores.
Location
The subject property is prominently located on the Eastern side of Midland Road within Walsall Town Centre. Midland Road links with Tasker Street to the South which in turn links with Wednesbury Road, the latter continuing South with Bescott Road which provides direct access to the Midland motorway network via Junction 9 of the M6 Motorway. The property is within easy walking distance of all the shopping and amenities available within Walsall Town Centre together with good public transport links including Walsall Railway Station.
Energy Performance Rating
D
Tenure
Freehold Vacant possession upon completion.
It should be noted however that the car park accessed from Graphic Close is owned by way of virtual freehold, subject to a 999 year lease at a peppercorn rent, part of which being 20 car parking spaces to the rear, is subject to an underlease for 998 years to an adjoining occupier in Wednesbury Road.
Full details relating to tenure will be available within the legal pack, and all interested parties must seek their own verification of the above.
Value Added Tax
For clarification in respect of whether or not VAT will be chargeable on the purchase price please refer to the Legal Pack.
Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.Viewing Times
Strictly by appointment with the Auctioneers. Please complete the request a viewing' form or contact the office.
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.
Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
*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 £2,340 inc VAT (£1,950.00 + 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
View agent properties.png){kind=logo}
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.