Waiting for video...
The guide price has been reduced.
ONLINE AUCTION from 8th NOVEMBER-10th NOVEMBER
A substantial freehold building comprising two ground floor commercial units and two flats over two floors above. The retail units comprise, one café with A3 A4 & A5 use and a former health shop with A1 & A2. The Flats are sold with one occupied on an AST agreement and the other vacant.
The property is situated in the town centre with a number of both National and local traders and close to the main car park.
The property benefits from water and electric (not tested).
No.13: Current rateable value is £3,950. The property is classified as 'Shop and premises'.
No.15: Current rateable value is £2,800. The property is classified as 'Shop and premises'.
|Floor||Description||Area Sq Ft||Area Sq M|
|Ground Floor Cafe||Entrance, seating area, counter/serving area, kitchen/preparation area, outside wc||505||47|
|Ground Floor Retail Unit||Entrance, shop area, store||279||26|
|First Floor Flat 1||Entrance, kitchen, bathroom, lounge|
|Second Floor||2 bedrooms|
|First Floor Flat 2||Entrance, kitchen, bathroom, lounge|
|Second Floor||2 bedrooms|
|Outside||Shared rear yard with outside wc for café and shop|
Flat 2 let on an AST agreement at £5,400 pa
Shops and flat 1 vacant but should let in the region of £22,000/£25,000 pa when improved.
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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.