Bond Wolfe’s next auction on Thursday September 15 features a range of vacant retail, commercial and industrial properties with attractive guide prices.
There’s a freehold shop at 38 Windmill Hill, Halesowen, at £30,000. This is a mid-terrace retail premises that on its ground floor has a retail area and store with two rooms accessed via the rear yard on the first floor.
A more substantial offering comes with The Manor Guest House, Watt Place, Cheadle, in Staffordshire, which is a freehold 11 bedroom, Grade II listed guest house with a guide price of £705,000+. The accommodation includes 11 en-suite bedroom, a spacious three bedroom owners’ accommodation, a self-contained three bedroom bungalow, with parking and set in picturesque grounds.
Ian Tudor, joint managing director auctions at Bond Wolfe, said: “This is a fascinating property which presents all sorts of opportunities. It could be considered for a variety of alternatives uses, subject to planning permission.”
In Walsall, an imposing vacant freehold terrace of offices at 32-34 Bradford Street and 2 Bradford Lane, Walsall, is also going under the hammer, which has planning permission for residential development.
Number 32 and 33 are Grade II listed, and parts of the property are in need of repair and modernisation.
In addition, the sale also includes 2 Bradford Lane, situated to the rear, which is a separate brick-built workshop/industrial unit accessed from Bradford Lane. The lot, in its entirety, has a guide price of £435,000+.
Over in Staffordshire, 11-12 Union Close, Tamworth, is a long leasehold industrial unit which is currently vacant. The property comprises two units which have been interconnected to link to one trade counter, and extends to approximately 4,000 sq ft, including a useful mezzanine floor.
The property has a long leasehold of 125 years with approximately 95 years unexpired at a ground rent of £5 per annum. It comes with a guide price of £230,000+.
In Birmingham, a newly converted six bedroom house of multiple occupancy, with a retail unit, at 236 Wheelwright Road, Erdington, has a guide price of £260,000+, and offers two elements, each with their own access.
Rooms 1-3, together with a shared shower room, are on the ground floor. Located on the first floor, but with separate access, Rooms 4-6 also have a shared shower room, while on the second floor there is a shared kitchen and dining area. On the ground floor at the front, there is a separate, self-contained retail unit.
Also in Birmingham, 458 College Road, Kingstanding, is a vacant leasehold retail premises with four separate rooms above, which could be used for a variety of uses, subject to planning permission. It has a guide price of £30,000+.
Unit 3, Cleveland Street, Dudley, is a freehold commercial property with car parking which is currently used as a dance centre with two main studios with attractive, wooden covered floors. The existing owner-occupier may be interested in entering into a lease agreement with a new owner, if the intention is to acquire the property as an investment opportunity. It has a guide price of £275,000+.
In the north east, a freehold, mixed use property at 252-254 Dickson Road, Blackpool, provides a ground floor retail unit, with a self-contained apartment with two double bedrooms on the upper floors. The retail unit and apartment have separate entrances, one via the side access and one to the frontage. An interesting opportunity situated parallel to the busy promenade with a guide price of £65,000+.
These properties are among scores of lots appearing in Bond Wolfe’s next auction which is due to start at 9.30am on 15 September. The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet.