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ONLINE AUCTION from 23rd JULY-25th JULY
A two-storey premises currently comprised of a fish and chip shop to the ground floor and two-bedroom owner's accommodation above. Please note the owner's accommodation has recently been used as ancillary accommodation. The fish and chip shop has only recently stopped trading and is ready for a new occupier.
The top floor is dated and requires modernisation.
This property would be suitable for someone looking to run a food establishment and live above. Alternatively it would be make an ideal investment for someone to looking to add to their rental portfolio.
Location
Situated on the main thoroughfare through the town of Ferndale, this property is prominently positioned amongst a number of mixed use developments and is within close proximity to National retailers such as Greggs, Sheppards Pharmacy and Co-op.
The property is ideally located within close proximity to local amenities.
Services
The property benefits from gas, water and electric (not tested).
VAT
We have been advised that there is no VAT due on the sale of this property.
Floor | Description | Area Sq Ft | Area Sq M |
---|---|---|---|
Ground Floor | Retail Area | 277.0 | 25.7 |
Preparation Room 1 | 149.6 | 13.9 | |
Preparation Room 2 | 114.0 | 10.6 | |
Cold Room | 51.1 | 4.75 | |
WC | |||
Ancillary | 108.9 | 10.12 | |
First Floor | Kitchen | 44.77 | 4.16 |
Bathroom | 27.98 | 2.6 | |
Living Room | 134.3 | 12.48 | |
Bedroom 1 | 83.42 | 7.75 | |
Bedroom 2 | 162.75 | 15.12 |
To be sold with vacant possession
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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