Commercial Property in Tamworth
Former Tamworth Police Station, Spinning School Lane, Tamworth, Staffordshire B79 7BB
- Property Type: Commercial Property
- Contract Type: Unconditional with Variable Fee
Guide Price* £1,800,000+ plus fees
Property Description
A freehold former police station with planning permission granted for the creation of 54 residential units, a residents gym along with associated parking. The building is located in the heart of Tamworth Town Centre which is subject to a lot of regeneration both in the imitate vicinity and further afield. There are excellent bus and rail links within walking distance along several National retailers bars and cafes. You can be in Birmingham city centre within 30 minutes and London in Just over 60 minutes. Current rents in Tamworth are high owing to the demand and the convivence of commuting from the central location. One bedroom apartments can command £850pcm within the area, whilst two bedroom apartments can command over £900pcm within the area. Interested parties are advised to inspect the legal pack for more information along with the Staffordshire county council planning portal number 0261/2022 for a breakdown of the scheme on offer.
Tenure
Freehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 29th May 2025
Venue National Property Auction
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.
Lot Information
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