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A two storey, freehold commercial property in a highly sought after location within Stoneygate. Allandale Road is a boutique shopping area and properties rarely come to the market in this location.
The property will be sold with vacant possession but currently comprises of a ground floor retail clothing store and a beauty salon to the first floor.
As well as internal stairs there is separate external rear access to the first floor and therefore it could easily be converted to a residential flat subject to permissions.
The property wold make a great investment with an estimated rental income of around £15,000 per annum.
Suitable for numerous uses.
VAT will be applicable on the sale.
9.70m x 3.85m
With doorway and a large display window.
3.00m x 2.66m
4.24m x 3.30m
With Low flush w.c. and was hand basin.
3.83m x 3.85m
2.80m x 2.45m
2.58m x 1.65m
With w.c. and wash hand basin.
2.15m x 2.00m max.
An enclosed garden and yard area to the rear with gated access leading to Francis Street. There is a staircase leading to the first floor accommodation.
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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