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ONLINE AUCTION from 8th NOVEMBER-10th NOVEMBER
The subject property comprises a four storey, mid terrace building of traditional construction.
The ground floor is comprised of a retail unit with a glazed frontage onto Hanbury Road. The property was previously utilised as a recruitment agency with offices/sales area and ancillary area. The remainder of the property is comprised of office and ancillary space, and residential flat.
Total approximate size: 293 sqm/3154 sqft.
Services
The property benefits from gas, electric and water (not tested).
Business Rates
Current rateable value is £4,150. The property is classified as 'Shop offices and premises'.
VAT
Vendor has advised that there is no VAT due on the sale of this property (to be confirmed by a solicitor).
Floor | Area Sq Ft | Area Sq M |
---|---|---|
Ground Floor | 992.76 | 92.23 |
Basement | 1,345.16 | 124.97 |
First Floor | 426.81 | 39.65 |
Second Floor | 559.01 | 43.48 |
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 £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.
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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