Description
A vacant two storey modern office building extending to approximately 352 Sq.M (3,788 Sq.Ft) (source EPC) of well presented internal accommodation. The property is located on Calico Business Park which sits on the edge of Tamworth town centre and benefits from 10 designated parking spaces as well as double glazing, suspended ceilings with inset contemporary lighting, air conditioning and kitchen / w.c. facilities. Arranged over ground and first floors, the property lends itself to being sub divided into two smaller office units with access from the main entrance reception. The property has been re-decorated recently and offer high specification commercial space which is ready for immediate occupation having been on the market for sale at £750,000 and to rent at £45,000p/a recently.
The building is accessed from Sandy Way via Glascote Road on a modern office / business park. The immediate surrounding area is a mixture of commercial / industrial warehousing space and established residential housing developments. Tamworth town centre is a short drive away whilst junction 10 of the M42 motorway network sits just 3 miles to the east.
Costs
Auction Details
The sale of this property will take place on the stated date by way of Multi 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:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 2.4% of the purchase price 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.
