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The property has been withdrawn from auction.
ONLINE AUCTION from 27th AUGUST-29th AUGUST
A former social club currently being utilised as a gym/ boxing club, beauticians and six bedroomed premises.
Gym/Boxing Club
The main entrance for the gym is via Margaret Street. When entering the property you are greeted with a large foyer, with toilets/shower room. There are a set of double doors which lead into a boxing club with gym equipment around the perimeter. There is a mezzanine level which contains further gym equipment. The area has recently been renovated and subject to the relevant consents has potential to be utilised as a restaurant, dance studio or nursery.
There is also a basement which is currently being used as a workshop. Additionally, there is a stage area.
Beauticians
A self contained building previously occupied by a beauticians, and prior to this a pet specialist. Subject to the relevant consents, this property would make an ideal rental premises for a nail salon, hairdressers or vape shop.
Remaining Premises
The remining premises has been utilised as a six bedroomed premises, which has been recently renovated. There are still aspects of the premisis which require renovation, although a large proportion of it has been finalised. Subject to the relevant consents this premises may be suitable for use as a HMO or further developments.
The premises is briefly comprised of: 6 bedrooms (some of which have ensuites), a kitchen, living room, office kitchen, utility room.
Services
The property benefits from gas, water and electric (not tested).
VAT
We have been advised that no VAT is due on the sale of this property.
Floor | Description | Area Sq Ft | Area Sq M |
---|---|---|---|
Ground Floor | Room 1 | 869.72 | 80.8 |
Foyer | 335.40 | 31.16 | |
Living Room | 305.91 | 28.42 | |
Office 2 | 61.89 | 5.75 | |
Kitchen | 356.50 | 33.12 | |
Utility Room | 180.83 | 16.8 | |
WC | 240.35 | 22.33 | |
Gym | 3661.88 | 340.2 | |
Stage | 441.75 | 41.04 | |
WC | 123.56 | 11.48 | |
First Floor | Gym Mezzanine | 3661.88 | 340.2 |
Bedroom 1 | 547.66 | 50.88 | |
Bedroom 2 | 789.20 | 73.32 | |
Bedroom 3 | 84.38 | 7.84 | |
Bedroom 4 | 155.32 | 14.43 | |
Bedroom 5 | 296.22 | 27.52 | |
Bedroom 6 | 439.92 | 40.87 | |
WC | 439.92 | 40.87 | |
Lower Ground Floor Basement 1 |
Room 1 | 1007.50 | 93.6 |
Room 2 | 295.68 | 27.47 | |
Room 3 | 543.14 | 50.46 | |
Basement 2 | Room 1 | 581.76 | 54.05 |
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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