Mixed Use
DRAFT DETAILS. An excellent opportunity to acquire a vacant two storey premises formally used as a newsagent on the ground floor with residential accommodation above.
The building requires refurbishment and modernization throughout, with the potential for a variety of different uses subject to obtaining the necessary planning consents. The building has gas central heating and has double glazed windows throughout. The building would suit conversion back to residential with the potential to create a four bedroomed detached home in a popular residential location, subject to the relevant planning permission. The property has also been considered previously for the conversion into two flats but would also suit an owner occupier or investor with retail and/or residential portfolios. There are two off road parking spaces to the front of the building.
The ground floor retail area offers 211sq ft of accommodation with a further 218sq ft of storage space within two further rooms to the rear of the property. There is also a kitchen and WC to the rear of the property on the ground floor.
There is an extensive garden at the back of the property which can be accessed via a gated entrance to the left-hand side of the building. This access also leads to a side entrance to the property which provides access to the ground floor and to the residential accommodation on the first floor.
The accommodation briefly comprises:
19.6m2 (211sq ft) with secure roller shutters to the front.
10.8m2 (116sq ft)
9.5m2 (102sq ft)
11.96m2 (129sq ft) With sink unit, wall and floor mounted units and boiler. To the rear of the kitchen is a small corridor with WC and door access to the garden.
19m2 (205sq ft) With side and rear facing windows, fireplace and radiator.
12.2m2 (132sq ft) with front facing windows, fireplace and radiator.
10.8m2 (116sq ft) with side facing window, and radiator.
7.9m2 (85sq ft) with front and side facing window and radiator.
2.56m2 (28sq ft) with side facing window, bath, WC and wash hand basin.
Concrete slabbed area to the front of the property providing parking for two vehicles. There is an extensive garden to the rear of the property accessed via a gated entrance to the side of the property.
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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