Property Details - The Rookery Tavern, 41 Wood Street, Lanesfield, Wolverhampton

Photo of The Rookery Tavern, 41 Wood Street, Lanesfield, Wolverhampton

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Lot 25

This dilapidated public house is situated in a road that connects the A4123 Birmingham New Road to the A4126 Manop Road. The site was previously granted planning under reference 17/00509/FUL for change of use from a public house to 12 flats and 2 x semi detached houses with associated parking. However a more recent application under reference 21/00796/OUT has been submitted for a scheme of 24 flats on the site. The site area is approximately 2225 sm (0.549 acres) in size and offers excellent development potential. It is sold with vacant possession and we are advised by the vendor that VAT is not applicable.

ACCOMMODATION

Dilapidated boarded up building on site area of approximately 2225 sm (0.549 acres)

TENURE

Freehold

LOCAL AUTHORITY & TAX RATING

City of Wolverhampton Council 01902 551155
Rateable Value Zero as deemed beyond economical repair.

VIEWING TIMES

External viewing only. Please be courteous to neighbours.

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

Buyers Premium of £600 inclusive of VAT
Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
Stamp Duty - rates easily available on-line
Your solicitor fees and any survey fees
Insurance - it is your responsibility from the date of exchange to insure the property purchased.

The Rookery Tavern, 41 Wood Street, Lanesfield, Wolverhampton

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