Your Bid
Guide price TBA
Hammer price

Withdrawn

Withdrawn Prior

Sold

Sold Prior

Sold Post

Place a proxy bid on Lot #{{ lot.total_lot_number }}

Guide Price:

TBA
Bid now

Floorplan
    • View Virtual Tour

      Play

    Remove from wishlist

    Add to wishlist

    Key features

    • Suitable for Developers and Investors
    • Freehold Development Site
    • Currently Used as Advertising (Let on Licenses)
    • 0.08 acres (0.03 hectares)
    • Full Planning Consent for 6 x Flats and Commercial Unit
    • Established and Popular Location
    • Located in Birmingham Commuter-Belt

    Description

    The property comprises a freehold site of 0.08 acres (0.03 hectares) with full planning consent for the development of 6 x flats and a ground floor commercial unit (Ref: 22/0917/FUL).

    The land is broadly rectangular in shape and benefits from a prominent frontage to Comberton Hill, an established mixed-use street in Central Kidderminster. The land currently includes three advertising hoardings which are let on licenses producing a total £2,625 per annum and terminable with 6 months notice.

    The proposed development comprises 6 x one bedroom flats and a ground floor Class E commercial unit with associated bin and bicycle stores. Proposed areas of all units are available in the below accommodation schedule.

    Comberton Hill is a principal arterial route and the surrounding area is characterised by a number of mixed-use retail/residential schemes. There is a Tesco Supermarket immediately adjacent to the property.

    The property is superbly well located for the amenities of Kidderminster and sits approx. 0.1 miles from Kidderminster Rail Station, the completed development will therefore be ideal for professionals commuting to Birmingham and other major centres.

    Additional information

    Tenure

    Freehold

    Tenancy

    The three advertising hoardings are currently let on licenses producing a total aggregate income of £2,625 per annum. These licenses are terminable anytime with 6 months notice. Please see the legal pack for more information.

    Planning

    Planning Reference: 22/0917/FUL - Wyre Forest District Council

    Notes

    VAT is applicable to this Lot.

      • View Virtual Tour

        Play

      Arrange a viewing

      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

      Please select a time from the options below

      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Accommodation / Tenancy Schedule

      Local information

      • Kidderminster Rail Station - 0.1 miles

      Legal documents

      Login to view legal documents

      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums