Mixed Use
Superbly presented, recently renovated mixed use three storey building with vacant ground floor sales shop and one bedroomed self-contained flat above (having separate access). The property is situated in this prime town centre location with estimated projected combined rental income if fully let circa £8,000 - £9,000 per annum. We believe the property has smart meter and new metal consumer units installed and that all electrics were tested and inspected in May 2017.
The auctioneers have not inspected the property but believe it to comprise:
Giving a floor area of 371 sq ft.
With door to rear yard.
With wash hand basin and storage.
Landing
With upvc window to front aspect and electric heater
With upvc double glazed window to front aspect and electric heater.
Comprising electric shower, pedestal wash hand basin, wc and electric heater.
Rear yard.
Freehold. Vacant possession upon completion.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
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