Land

Rooms

Description
Land comprising 13 domestic garages with full planning consent for the demolition and construction of 2 detached dormer bungalows.

Location
The land is located in the village of Codsall and is situated 5 miles northwest of Wolverhampton and 13 miles east-southeast of Telford. The village hosts a range of Shops, Bars and Restaurants including the Woodman Inn and The Co-op supermarket. The subject land is located just 3 miles from Junction 2 of the M54 Motorway. Codsall railway station sits on the Shrewsbury-Wolverhampton Line, and has train services to Shrewsbury, Telford, Wolverhampton and Birmingham.

Planning & Supporting Information
The site benefits from full planning consent for the 'Demolition of existing garages and the construction of 2no. dwellings with associated landscaping' dated 20th February 2025 (REF: 25/00171/FUL). A full info pack is available on request which includes the following: - Decision Notice - Floorplans & Elevations - BJB Comparable Evidence - Associated Reports - Photos NB: Whilst BJB will try and supply as much information as we can about the planning status of the land / property, please be mindful that we are not planning consultants and accordingly it is important that prospective purchasers ensure they have inspected the land / property and rely upon their own enquiries, assessments and due diligence with regards to the planning status and current or potential uses. All information is supplied in good faith and BJB cannot be held liable for any errors or omissions.

Accommodation, GDV & Rental Values
The proposed scheme comprises the following: Plot 1. 2 Bedroom Detached Dormer Bungalow (73 sq.m / 785 sq.ft) - Est. £350,000 - Est. £1,300 pcm Plot 2. 1 Bedroom Detached Dormer Bungalow (65 sq.m / 700 sq.ft) - Est. £250,000 - Est. £1,100 pcm Estimated GDV: £600,000 Estimated Annual Income: £28,800 Any sizes / values quoted by BJB are correct to the best of our knowledge, however we would recommended all interest parties carry out their own checks before relying on any information provided.

Local Council
The site is located in the Council district of South Staffordshire Council .

Tenure
Freehold with vacant possession upon completion.

VAT
All prices quoted by Butters John Bee are exclusive of VAT unless otherwise stated. All interested parties should make their own enquiries to satisfy themselves with the VAT position.

Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on request).

Buyers Admin Fee
A buyers administration fee of £1,800 including VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date.

Legal Pack
Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website . Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor's solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them.

Addendum
Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue.

Deposit
Please note that a deposit of 10% of the purchase price (Min £3,000) will be due on Exchange of Contracts, whether the land / property is sold prior to Auction, in the Auction room or after the Auction.

Legal Costs
Please refer to the auction pack in respect of any legal fees or search fees which may be due upon exchange or completion.

Viewings
The site can be inspected from the Public Highway – no appointment is necessary.

Disclaimer
Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering purchasing your property in order to rent, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above. Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.