Description
A unique opportunity to acquire a property with planning permission for two flats by online auction.
Bid deadline for the auction is Monday 23rd June 2025 at 12 noon.
Description - 2a Coleshill Road offers purchasers a unique opportunity to acquire a property with planning permission.
The building has been used in recent years as a ceramics studio. It currently comprises an entrance porch, three downstairs rooms and two first floor rooms. There is access from two sides of the property with space to park vehicles.
There is planning permission for the conversion of the building to two flats, with one parking space each. Each flat will have its own access from alternative sides of the property.
Location - The site is located within the market town of Atherstone in the county of Warwickshire. The site is well located with access to the A5 approximately 1 mile away and Junction 10 of the M42 approximately 4.5 miles away.
Utilities - We believe the site benefits from mains water, drainage and electricity. There is no current gas connection, but we believe there to be a connection nearby.
None of these services have been tested and it is the specific responsibility of the purchaser to test the the adequacy of them.
Method Of Sale - The site will be sold via online auction.
Auction Terms - The property is for sale by online auction. All details, terms, conditions and contract pack are available on our website.
Contract Pack - The contract pack is available via the 'online auction' pages of our website.
Online Auction Access - Please visit the Howkins & Harrison website(howkinsandharrison.co.uk), click 'Auctions' in the main heading menu then 'Online Auctions'.To bid; click 'Register' and verify your email address. Should you be successful in the purchase of this property, the following payments are due upon exchange:
£5,000 (incl VAT) is taken from the registered card (on the fall of the hammer) and is apportioned as follows:
Auctioneers Buyers Premium - £1,800 (inc VAT)
Auction Platform Fee - £1,980 (inc VAT)
£1,220 towards deposit.
The remainder of the 10% deposit of the purchase price is due by 12pm the next working day. The purchaser is subject to the following payments upon completion:
Balance of the purchase price
Search fees to a maximum of £296.82 (Plus VAT)
Transfer fee - TBC (inc VAT).
Administration fee - £480 (inc VAT).
Full terms and conditions for the online auction are available on our website.
Tenure - The property is offered freehold with vacant possession upon completion.
Planning - The property has an approved planning application and is available on North Warwickshire Borough Council's website.
PAP/2022/0600 - prior approval to convert commercial unit into two residential flats. The application can also be seen in the auction pack.
Local Authority - North Warwickshire Borough Council.
Energy Rating -
Outgoings - The current rateable value is £4,350 pa .
For clarification on Business Rates, we would advise that interested parties make their own enquiries of North Warwickshire Borough Council.
Plan, Area & Description - The plan, area and description are believed to be correct in every way, but no claim will be entertained by the vendor or the agents in respect of any error, omissions or misdescriptions. The plan is for identification purposed only.
Viewings - Viewings are strictly by appointment by Philippa Dewes at Howkins & Harrison, please call direct on 01827 721380 or alternatively email philippa.dewes@howkinsandharrison.co.uk.
