For Sale by Auction on 12th December 2024
Former bank premises with opportunity for redevelopment of the upper floors, subject to obtaining the necessary consents.
Location
Dudley is a market town in the West Midlands 6 miles south-east of Wolverhampton and 8 miles north-west of Birmingham. Dudley is served by main roads which give a direct route to neighbouring towns. The longest of these roads are the B4176 (which runs to Wombourne, Bridgnorth and Telford) and the A461 (which passes through Wednesbury and Walsall, finally reaching Lichfield). The nearest motorway is the M5, with the closest junction situated in Oldbury, 3 miles south-east of the town. There are nearby train stations as well as good local bus services.
The Churchill Shopping Center is the prime covered shopping center in the town which strategically connects Castle Street and the Central bus station. The subject premises are located on the Northern side of Castle street. Nearby occupiers include Boots the Chemist, Specsavers, New Look and Superdrug.
Accommodation
Basement - 969 sq ft
Ground Floor - 1,840 sq ft
First Floor - 1,798 sq ft
Second Floor - 807 sq ft
Third Floor - 732 sq ft
TOTAL - 6,146 sq ft
Terms
Tenure - Freehold
Guide Price - £225,000; Bidder Security £3,500 *fully refundable if unsuccessful bidder
Planning - Dudley Metropolitan Borough Council (01384 814136) www.dudley.gov.uk
Specification
- This sale is conditional and is subject to confirmation by the seller, who will accept or decline the highest bid no longer than five working days from the bidding closing time
- By order of National Westminster Group
- Freehold former bank premises totalling approximately 571 sq m (6,146 sq ft) over 5 floors
- Located in the town centre
- Opportunity for redevelopment of the upper floors, subject to obtaining the necessary consents
- Of interest to developers/owner occupiers and investors
- Vacant possession