Office for sale

Former Office R/O Petersbourne Court, Petersfield Road, Hall Green, Birmingham B28

For Sale By Public Auction on 05 February starting at 08:30 am - A vacant long leasehold detached former office with potential for refurbishment/development subject to obtaining any necessary planning permission and other necessary consents

A detached single storey former office, situated at the rear of an established apartment complex known as Petersbourne Court in Hall Green.

Accommodation
Ground Floor Only: Lobby, WC, Two Rooms.
Outside: There is a small area of land to the front and side of the property as shown on the plan.

Tenure
We understand that the property is Long Leasehold and a new 125 year Lease will be granted upon completion, subject to an initial ground rent of £150 per annum. See legal pack for further information.

Planning
Interested parties must make their own enquiries of the Local Planning Authority, Birmingham City Council, in respect of planning and independently satisfy themselves as to the suitability of the property and site for any use or development they may propose.

Value Added Tax
For information in respect of VAT, and whether or not it will be chargeable, 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.Auctioneer's Note
We are advised by the Freeholder that the lease will allow for conversion or replacement of the existing building, subject to obtaining any necessary planning permission and other consents, for its existing use or as a single dwelling but for confirmation and further clarification please refer to the legal pack.

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.