Mixed Use
Fully let with a total income of £8840 per annum.
Situated on High Street in Earl Shilton amongst other shops and amenities. High Street is one of the main routes in and out of this well serviced village.
The property is double glazed throughout and benefits from parking to the rear which may offer development potential in the future.
Currently used as a Nail Salon and let to a long standing tenant at £4420 per annum.
Main Salon
With windows and door fronting High Street.
Rear Salon Room
With window to the rear.
Kitchen
With sink unit and storage and door leading to the rear yard.
Toilet
With low flush w.c.
Self-contained with rear access and let on an assured shorthold tenancy at £4160 per annum.
Hallway
Kitchen
Base and wall units, sink unit, space for appliances and window to the rear.
Lounge
With window to the front aspect.
Bedroom 1
With window to the front aspect.
Bedroom 2
With window to the rear.
Bathroom
With low flush w.c. wash hand basin and panel bath with shower over, part tiled walls and window to the rear.
The property benefits from side vehicle access leading to a concrete parking area for at least 3 vehicles. This land may also offer future development potential.
Freehold. Subject to tenancy.
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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