Council sell-off – development potential units go under the hammer

Council sell-off – development potential units go under the hammer


Todays other news
Empty periods are lasting longer, increasing lost income and putting...
Available homes to let fell sharply during Q3, with several...
Rising inheritances could encourage thousands of people to invest in...
Research warns proposed tax changes could slash returns for operators...
Nationwide reports subdued UK property values as rising mortgage costs...
Construction workers inspecting site with tower cranes at sunset.

Art deco features add to the attractions of a Walsall town centre office building with a £90,000+ price tag in Bond Wolfe’s next auction. 

The office and shop premises of Jerome Chambers are being sold by Walsall Council. The property is in need of refurbishment throughout, but has potential for redevelopment. 

Advertisement

Gurpreet Bassi, chief executive at Bond Wolfe, says: “Jerome Chambers sits in the heart of Walsall Town Centre.  A three-storey terraced office building with shop premises on the ground floor, it occupies a prominent position on the southern side of Bridge Street.

Advertisement

“Like many buildings in Walsall it has attractive Art Deco features, including a distinctive front door and a trio of lion heads above the top floor windows. We are selling this vacant property on behalf of Walsall Council. It may be suitable for redevelopment, subject to planning permission.

Advertisement

“We would advise any interested parties to make their own enquiries with Walsall Council Planning Department to satisfy themselves of any future use they may propose.”

At present the ground floor is laid out with a hall, storage or server cupboard, a retail floor area, WC and a storage room with a wash hand basin.

On the first floor, off the landing, is an office, a meeting room, a store and a further office/work space. On the second floor are four more offices, a storeroom with wash hand basin and a male and female WCs.

Offers for the property may be considered before the auction.

Advertisement

Jerome Chambers will be among scores of lots appearing in Bond Wolfe’s next auction which is due to start at 8.30am on Thursday February 6.

Bond Wolfe has also been instructed on a further seven lots by Birmingham City Council which will appear in the upcoming auction.

Bassi says: “The lots we are offering in our February auction represent an interesting spread of properties from a former children’s home to residential properties, potential development land and ground rents on industrial properties.

“This is the first of seven auctions we will be holding online this year after a 2024 which saw our auction sales up 18.2% to £178,101,150. The signs are promising for 2025 and we expect the February auction to get us off to a cracking start.”

These Birmingham City Council properties will be among scores of lots appearing in Bond Wolfe’s next auction which is due to start at 8.30am on Thursday February 6.

The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet. Bond Wolfe will hold seven livestreamed auctions in 2025 on 6 February, 27 March, 15 May, 10 July, 11 September, 23 October and 10 December.

The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet.

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Property Investor Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
It's one of the lots at Shepherd Commercial Property Auctions...
Allsop is the UK’s largest property auction house,...
Shopping parades and arcades were prominent among the lots sold...
Yellow sold sign on property for sale indicating a completed transaction.
The Grand Post House was built in 1895...
Rightmove cuts its 2026 outlook as asking values decline and...
Mortgage rates have recorded their biggest monthly fall since October...
UK rents accelerate while property values weaken, with signs London’s...
Recommended for you
Latest Features
Empty periods are lasting longer, increasing lost income and putting...
Available homes to let fell sharply during Q3, with several...
Rising inheritances could encourage thousands of people to invest in...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.