4 bed Character Property

A unique opportunity offering potential conversion or development subject to all relevant planning permissions, occupying a prominent position in a popular residential area within walking distance into Sedgley centre. This impressive property with land to the rear totalling approximately 1053 square metres is for sale by way of The Modern Method of Auction and must be seen to be appreciated. The ground floor to the building is currently a commercial premises of approximately 138 square metres, comprising of three office areas, kitchen area, reception areas, storage areas and a useful basement.The first floor is residential and approximately 136 square metres providing an impressive and spacious flat with four bedrooms, living room, dining area and conservatory, family bathroom plus ensuite shower room and a fitted dining kitchen.The rear offers ample off road parking of approximately 750 square metres by way of gated side access, neat lawn area and a timber decking patio area. There is further parking to the side.Further noteworthy features we have been notified by the vendors include: an integrated fire alarm/emergency lighting, monitored burglar alarm, 100 decibel noise ceilings fitted with a 2 hour fire delay to first floor, recently re-wired and replacement of floors to the first floor.An OPTION TO PURCHASE agreement may be available to the buyer so that planning permission may be achieved and site investigation can be carried out.Skitts Estate Agents have not taken site measurements or carried out ground tests and any intending buyer should satisfy themselves in this regard prior to any legal or financial commitment. Auctioneer comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.