Available - £385,000 PLUS VAT For Sale by Public Auction on13/02/2025
Location: The property occupies a prominent corner position on Sandwell Street and Little London, near to Little London Surgery and the junction of Vincent Street / West Bromwich Street.
A large part single and part 3 storey former public house of approximately 6,600 sqft on a rectangular site of 0.18 acres. There is potential to develop the site to residential subject to planning. An illustrative scheme is available for development to 13 apartments partly within the existing buildings and some new builds.
Accommodation: Ground Floor: 3 bar areas, small commercial kitchen, WCs.
First Floor: 4 rooms, kitchen, bathroom.
Second Floor: 2 rooms.
Outside: Large beer garden, stores.
Planning: Potential for other uses subject to planning. An illustrative scheme is available for 13 apartments with some new build elements. Local Authority: Walsall Council:[use Contact Agent Button].
Note We have been advised that VAT will not be payable on a residential scheme.
Tenure Freehold.
Energy Performance Certificate: Rating 82, Band D.
Solicitors Murria Solicitors, Court Chambers, 180 Corporation Street, Birmingham B4 6UD [use Contact Agent Button] ~ Ref: A Kang
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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