Mill in Brierley Hill

Former Mill to the Rear of 121 High Street, Brierley Hill, West Midlands DY5 3AU
  • Lot No: 164
  • Property Type: Mill
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £78,000+ plus fees

Property Description

A freehold former Victorian Mill building located to the rear of 121 High Street, Brierley Hill, West Midlands. The property benefits from some character features such as the windows and brickwork and would lend itself well for restoration and repurposing into a variety of alternate uses subject to obtaining planning. The site is accessed from Albion Street via a driveway to the Right of Number 14 (a block of apartments). We note there have been several new build apartments within the immediate vicinity owing to the massive demand for residential accommodation. We feel this would therefore pose a good opportunity to create a scheme of residential dwellings with parking subject to any appropriate planning or used for light industrial purposes.

Please Note:

The property on land registry is registered as Land on the east side of Albion Street, Brierley Hill


Potential

May be suitable for alternative uses, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. 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 all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve 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.

Auction Details

Date 31st January 2024

Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

Former Mill to the Rear of 121 High Street, Brierley Hill, West Midlands DY5 3AU