Commercial Property
An attractive former bank of timber frame construction arranged over three storeys with basement. The property retains many original features and benefits from a large garden to the rear.
The property provides banking hall, office, storage ancillary accommodation and WCs to the ground floor, with former offices, ancillary storage and WCs to the first and second floors.
The upper floors formerly provided living accommodation.
There is a strong room within the basement.
The property would be suitable for a variety of alternative uses, including retail and leisure to the ground floor with residential accommodation to the upper floors, subject to the necessary planning consents being obtained.
The property is situated within the market town of Whitchurch, Shropshire, located approximately 17 miles south east of Wrexham and 20 miles north of Shrewsbury.
The property occupies a prominent position within the heart of the town centre, with nearby occupiers including WH Smith, Timpson and Poundstretcher.
We understand the property is held freehold and offered with vacant possession.
The property extends to approximately 3,654 sq.ft. (339.50 sq.m.).
All interested parties should seek their own verification of floor areas and dimensions and satisfy themselves that they are suitable for any proposed future use.
We understand VAT will not be chargeable on this transaction.
All interested parties are advised to refer to the Special Conditions of Sale within the legal pack for their own verfication.
See viewing schedule.
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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