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ONLINE AUCTION from 14th MAY-16th MAY
A spacious freehold building comprising a retail unit with basement and substantial flat with two floors of accommodation. The retail unit is sold with vacant possession but should be ideal for a number of uses such as shop or office whereas the flat is sold with a tenant in occupation.
The property occupies a prominent position in the pedestrianised area of Quay street adjacent to a number of national retailers and local traders.
VIRTUAL TOUR
A
Block | Floor | Description |
---|---|---|
Ground (Shop) | Shop (4.4 x 9.14), rear hall, kitchen (6.7 x 6.3), WC | |
Lower Ground | Basement area (10 x 9.4), storage room (14.9 x 12.9) | |
First (Flat) | Entrance via rear lane - Entrance stairs to first floor -Landing, hallway, lounge, kitchen, bathroom | |
Second (Flat) | Landing, 2 bedrooms | |
Attic space | Currently sealed off but accessed by stairs with 2 potential rooms |
Shop sold with vacant possession but should let at £650 pcm
Flat is let at £450 pcm
Potential income when fully let £13,200 pa
Advised Freehold - to be verified by solicitor
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £1,200) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
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