Commercial Property
A Freehold Indian Restaurant and function room set back from the road behind a gated forecourt towards the town centre with some free parking to the rear.
Entrance Hall with access to Stairs, Waiting Area, Bar, Secondary Bar, Restaurant for some 80 Covers, Male, Female & Disabled WC's, Store, Kitchen with preparation tables, sinks, gas cooker, tandoor, twin fryers, chiller, Rear Lobby and Fire Escape.
Front Stairs to Landing with access to flat, Function Room for some 200 covers, Bar, Store Room, Male, Female & Disabled WC's and Disabled Lift.
Owners Aparment with Landing, Lounge, Kitchen, Four Bedrooms and Bathroom.
Gated Forecourt.
The property has the benefit of air conditioning.
We understand that the property is Freehold and vacant possession will be given upon completion.
Strictly by arrangement with the Auctioneers.
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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