Waiting for video...
ONLINE AUCTION from 16th MAY-18th MAY
A substantial, semi-detached freehold building comprising a double fronted ground floor shop unit and ancillary accommodation above. The property would be ideal as either one large commercial unit or may have scope to convert into two shops with residential over (subject to necessary planning consents).
The property occupies a prominent position within the High Street. There are a number of national and local retailers within close proximity including Newlook, Greggs and Allied Pharmacy.
The property is currently listed as shop and premises and has a rateable value of £11,250.
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||Retail Sales Area||1,041||96.7|
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 £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.
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.