Lot 16 - 2-4 Commercial Street, Cinderford, GL14 2RR

  • Unconditional Online Auction Sale
  • Guide Price* : £98,000+
  • Bedrooms: 2

Addendum

This property has been withdrawn from auction.

Residential/Commercial Investment

Description

ONLINE AUCTION from 1st FEBRUARY-3rd FEBRUARY

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/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.

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Dean Estate Agents - 01594 825574

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Auction Finance

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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