Prominent Freehold Roadside Development Opportunity
Prominent Location off Birchley Island Roundabout
Adjacent to the M5 (Junction 2)
Fronts Wolverhampton Road (A4123)
Comprises 0.56 acre
Lot 28
Auction 9th July 2020
Vacant Possession
Status Sold Prior
Price
Sector Development
Auction Venue Live Streamed Auction
On the Instructions of a Major Property Company
Property Information
Location
Miles
3 miles southwest of West Bromwich
3.5 miles south east of Dudley
3 miles northeast of Halesowen
6 miles west of Birmingham
8 miles southeast of Wolverhampton
Roads
M5 , A4123, A4034
Rail
Sandwell & Dudley
Air
Birmingham Airport
Situation
The property is located in Oldbury, 8 miles south of Wolverhampton and 6 miles west of Birmingham on Wolverhampton Road (A4123). The property is directly opposite the Ibis Styles Hotel close to junction 2 of the M5 motorway and just off Birchley Island Roundabout. Nearby occupiers include Aldi, Asda, Dunelm, Halfords, Holiday Inn, Ibis Styles Hotel and McDonald`s.
Tenure
Freehold.
Location
Miles
3 miles southwest of West Bromwich
3.5 miles south east of Dudley
3 miles northeast of Halesowen
6 miles west of Birmingham
8 miles southeast of Wolverhampton
Roads
M5 , A4123, A4034
Rail
Sandwell & Dudley
Air
Birmingham Airport
Situation
The property is located in Oldbury, 8 miles south of Wolverhampton and 6 miles west of Birmingham on Wolverhampton Road (A4123). The property is directly opposite the Ibis Styles Hotel close to junction 2 of the M5 motorway and just off Birchley Island Roundabout. Nearby occupiers include Aldi, Asda, Dunelm, Halfords, Holiday Inn, Ibis Styles Hotel and McDonald`s.
Tenure
Freehold.
Description
The property comprises 0.56 acres (0.22 hectare). The site was formerly a petrol filling station and benefits from two entrances fronting Wolverhampton Road.
VAT
VAT is applicable to this lot.
Planning
The property provides the only highway access to a larger site which is in separate ownership. Whilst this separate site is not included in the sale it did form part of a joint development proposal. Interested parties may wish to engage with Sandwell Borough Council to revive this agreement, see legal pack.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises 0.56 acres (0.22 hectare). The site was formerly a petrol filling station and benefits from two entrances fronting Wolverhampton Road.
VAT
VAT is applicable to this lot.
Planning
The property provides the only highway access to a larger site which is in separate ownership. Whilst this separate site is not included in the sale it did form part of a joint development proposal. Interested parties may wish to engage with Sandwell Borough Council to revive this agreement, see legal pack.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Floor Areas (Approx)
Possession
Ground
0.56 acre (0.22 hectare)
VACANT
Total
3,335 sq m
(35,898 sq ft)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.