Black Country pub site and Burntwood health centre up for sale at auction
An old pub site and a former health centre are among the areas going under the hammer at an upcoming auction.
The former medical centre in Hudson Drive, Burntwood, has a guide price of £400,000 and is being marketed as a potential residential development made up of 1,311 sq m (0.324 acres).
It is one of several commercial investment and development opportunities being sold at Bond Wolfe's auction on February 9
Ian Tudor, joint managing director auctions at Bond Wolfe, said the selection ranged from high value commercial ground rents offered on behalf of Birmingham City Council, to small plots of land in Wales.
Land with development potential is being sold off by Sandwell Council at the former Rising Sun pub in Barton Street, West Bromwich.
The cleared site has outline planning permission for four one-bedroom flats or a pair of semi-detached houses. The guide price is more than £50,000.
Interest is also expected in Tudor House, Bridge Street, Walsall, a town centre investment opportunity which is fully let with an annual rental income of £80,000 and a guide price of more than £730,000.
In a planning statement, issued in September 2020, Sandwell Council said: “The site is situated close to West Bromwich Town Centre and is well served by public transport opportunities which are close at hand with Metro Stops and bus stops some 900 metres away.
The site is located in area which has been the subject of major regeneration, in the very recent past. The general area around the site is mainly residential area in nature.
“The site is suitable for a small residential development of either a small block of apartments or a pair of semi-detached houses. The redevelopment of this site for residential development provides the opportunity to bring back the site into beneficial use in a well-established residential area.”
The pub dated back to the early 19th century, when there were two properties on the site with a shared brewhouse, and closed its doors in 2005 before being demolished in 2012. The plot has remained vacant since.
Ian Tudor said: “We are anticipating keen interest in all our commercial lots on the day.”
There will be 159 lots in the auction which starts at 9am and will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet only.
