Former nursery with potential as flats to go under hammer
A former Black Country nursery, considered suitable for conversion into flats, is due to go under the hammer at the next Bond Wolfe auction with bids set to start at £190,000.
Brotherhood Hall, in Trinity Street, Brierley Hill, was formerly used as an early years day nursery and will feature in the upcoming auction on Thursday 21 July in The Holte Suite at Aston Villa FC.
It will be the first return to the auction room for Bond Wolfe in two and a half years, and the sale will run both live in the room and livestreamed online.
James Mattin, joint managing director agency at Bond Wolfe, said: “This attractive building could be one of the stars of the sale, particularly given its highly attractive guide price of £190,000+.
“Subject to obtaining the necessary planning consents, it could be converted to a residential property. Indeed, an architect has already drawn up plans for redevelopment into four two-bedroom flats and a fifth one bedroom flat.
“Brotherhood Hall sits in the residential area at the heart of Brierley Hill and the building itself extends to 3,025 sq ft (281 sqm).”
Tudor added: “This kind of attractive commercial property helped make our livestreamed auctions a magnet for UK-wide and overseas investors during the pandemic.
“Our sale event in May saw over £26m raised in sales, with 142 lots sold and more than 17,000 viewers logging on to watch the auction live, with buyers logging in from across the UK and abroad.
“But now it is the right time to get ‘back in the room’.”