6 Walsall Street, Wednesbury, West Midlands WS10 9BZ

A freehold mixed use property (still trading as a Chinese take away at the time of publication of advert) and substantial residential accommodation with dedicated residential and commercial entrances, with scope to create an HMO (subject to planning).

Commercial unit
This benefits from roller shutters and is set back from the curb side with ample on street parking within the vicinity.

The unit extends circa 650 Sq. Ft. to comprise shop floor and serving counter. The unit was trading upon commencement of advertising as the Eastern Garden Chinese Take Away.

Beyond the shop floor is a fitted commercial kitchen with gas and extraction. We have been advised the extraction system will remain along with some items of furniture. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

There is also a rear wc, storage/pantries along with access to the garden and side entrance.

Residential accommodation
The residential accommodation can be accessed from the rear of the shop but also benefits from a dedicated entrance adjacent to the commercial entrance. This gives way to a hall and stairs leading to the first floor accommodation.

The ground floor benefits from a substantial lounge and rear dining room area.

The first floor has 4 bedrooms (3 double) and a bathroom.

We feel there is scope to create an HMO owing to the size of the rooms and demand within the area (subject to planning).

The property is situated on Walsall Street, Wednesbury, West Midlands, within an established mixed-use area comprising residential, commercial and industrial properties. The location benefits from excellent road communications, with convenient access to Junctions 9 and 10 of the M6 motorway, providing links to the wider Midlands motorway network.

The town centre is within easy reach and offers a range of local amenities, while the larger centres of Walsall, Wednesbury and Wolverhampton are all within a short drive. The Midland Metro is also near by giving access to Birmingham and the wider network. Railway stations at Bescot Stadium, Walsall and Wolverhampton also provide connections to Birmingham and the surrounding area.

The property also benefits from ample customer parking, with unrestricted on-street parking immediately outside and a public car park located nearby. This provides excellent convenience for customers, making the premises particularly well suited to takeaway and other food and beverage uses that rely on easy customer access.

Auction Details

The sale of this property will take place on the stated date by way of Single lot timed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 2% inc. VAT of the purchase price (subject to a minimum of £3,500 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.