June 2022: Tuesday 14 June 2022 - 9:00am
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    Key features

    • Substantial Office Building with Asset Management Opportunities
    • Comprises approximately 962.20 sq m (10,358 sq ft)
    • Large site area approximately 0.85 ha (2.09 acres)
    • Potential Change of Use/Development Opportunity (subject to necessary consents)
    • Low capital value psf on guide price (£48.27 psf)
    • Parking for up to 53 cars

    Description

    The property comprises a substantial office building arranged over ground and mezzanine floors. The property benefits from internal storage space with access via roller a shutter door. The property benefits from a large site with impressive views of North Worcestershire with parking for approximately 53 cars. Ingress and egress is accessed via Farley Lane with good visibility splays. A Right of Access has been granted to the owner of the telecommunications mast to the south east of the site. 

    Additional information

    Tenure

    Freehold.

    Accommodation

    Approximate Floor Areas have been provided from the VOA.


    Ground - Reception/Office/Ancillary - 894.70 sq m (9,631 sq ft)

    Mezzanine - Storage - 67.50 sqm (727 sq ft)


    Total Area - 962.20 sq m (10,358 sq ft)


    Tenancy

    Vacant Possession.

    Planning

    The property may benefit from change of use/development potential subject to necessary consents. For all enquiries please contact Bromsgrove District Council (www.bromsgrove.gov.uk).


    Rent

    Vacant

    Notes

    VAT is applicable to this lot.

    Please note that the yellow line on photographs is to be used as an indication of the boundary and may not be the exact extent of the site. Please refer to the title documents in the legal pack.

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      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.

      Local information

      The property is located in to Romsley, approximately 6 miles north of Bromsgrove and 11 miles south-west of Birmingham. The property is located on the south side of Farley Lane in a predominantly residential location. The property benefits from excellent road connectivity being less than 3 miles from Junction 4 of the M5 motorway which provides access to the north and south via the M5 and M42.

      Transport

      3 miles south of Halesowen

      6 miles north of Bromsgrove

      11 miles south-west of Birmingham


      <2.5 miles to J4 of the M5 motorway

      Legal documents

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      EPC rating

      The EPC rating for this property is C

      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.

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