Light industrial/warehouse unit with parking on established business park.

Unit B4 Ratio Park , Kidderminster, DY11 7FB

Key features

1,147 sq ft (106.6 sq m)Three phase electricityDedicated parkingMezzanine floorRoller shutter doorEaves height of 4.1m Vacant possessionEstablished business park Strong occupier uptake

Ended

Guide Price: *

£114,750

Fees apply

Buyer's fee:£2,400

Legal fee:£1,200

All fees include VAT at 20%

Holding Deposit: *£2,600

*Only charged if you are the successful buyer and goes towards the purchase price

Auction Type:

Traditional

Highest bid:

£120,000

Bid history

2 bids

25/02/2021 10:29:54 - £120,000

15/02/2021 22:27:58 - £118,000

Description

Location

Floorplans

EPC

Legal docs

Ratio Park is situated adjacent to Fine Point Business Park, a highly successful modern industrial estate/ business park comprising a mix of commercial and office buildings, with surrounding occupiers including Wyre Forest District Council, Movianto and Specsavers.
The A451 provides direct access to Kidderminster Town Centre approximately 2.5 miles distant.
Kidderminster is approximately 18 miles from Birmingham and 15 miles north of Worcester with good access to Junctions 3-5 of the M5 Motorway and, in turn, the National Motorway Network via the M42, M6 and M40.
The property comprises a self contained, steel portal framed unit with mono-pitch roof, block walls with external ‘Kingspan’ panelling.
Internally the unit is of open plan configuration with mezzanine floor to the rear, overhead access door, glazed pedestrian entrance and an eaves height of 4.1m to the underside of the haunch at the front.
Externally there are 2 dedicated parking spaces immediately in front of the unit.

A buyer’s fee of £2,400 (including VAT) is payable by the purchaser on exchange which should be taken into account when bidding.
Holding Deposit £2,600
*Only charged if you are the successful buyer and goes towards the purchase price
Each party to bear their own legal costs in respect of this transaction excluding the cost for searches which the purchaser will be liable for
( up to £1000 plus VAT).
The property will, unless previously withdrawn, be sold subject to common auction conditions and special conditions of sale which may be found in the legal documents section on the Fisher German online auction page.
Each purchaser shall be deemed to have notice of each condition and all the terms thereof and to bid on those terms whether they shall have inspected the said conditions or not.

Summary

Auction end: 25th Feb at 12:00
Property type: Commercial
Tenure: Ask Agent
Bedrooms: -
Bathrooms: -
Council tax band: Ask Agent

Summary

Auction end: 25th Feb at 12:00
Property type: Commercial
Tenure: Ask Agent
Bedrooms: -
Bathrooms: -
Council tax band: Ask Agent

This property is being sold by:

Worcester

01905 726220

Global House, Hindlip Lane, Worcester, WR3 8SB

^†Traditional auction

Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.

* Pricing Information

The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.

Bamboo Auctions and Fisher German Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.

Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.

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Disclaimer

All information relating to this property, including descriptions, pictures and other related information has been provided by Fisher German Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.

These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.