Lot 41 - 2-4 Commercial Street, Cinderford, GL14 2RR

  • Unconditional Online Auction Sale
  • Guide Price* : £119,000+

Residential/Commercial Investment

Description

ONLINE AUCTION from 7th DECEMBER-9th DECEMBER

Located on Commercial Street in Cinderford, this double fronted retail shop would make an ideal convenience store, café or florist.

Additionally, the property includes a two bedroom flat, and a one bedroom flat. Please note that the one bedroom flat currently has a tenant in situ who holds a 150 year lease with 143 years remaining.

The property benefits from gas heating (not tested), double glazing and rear garden.

The vendor has informed Paul Fosh Auctions that the ground floor benefits from change of use to residential accommodation.

Tenancies

To be sold with vacant possession, asides the one bedroom flat which has been sold on a 150 year lease with 143 years remaining.

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

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 £975) 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. 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.

Bidding not yet open
Minimum Opening Bid

£107,000


Bidding Opens On
7th Dec 2021 12:00
Scheduled End Date

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Office Contact

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Dean Estate Agents - 01594 825574

Documents

Legal Documents

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