Commercial Property
The property would suit an owner occupier or investor with a commercial property portfolio. The premises may suit conversion to residential subject to obtaining the necessary planning consents.
The ground floor retail unit includes staff WC’s and storage space.
The first and second floor offices are accessed via a separate doorway leading to an internal stairwell positioned to the right of the shop entrance.
Although the ground floor was not inspected by the auctioneers, it is believed to comprise 646 sq ft gross internal floor area and includes staff WC’s and storage space.
Stairwell leads to the first-floor office accommodation which includes a landing/reception area with three separate offices.
With carpeted floors, suspended ceiling with fluorescent strip lighting and three single glazed windows overlooking the front of the premises. There is a wall mounted electric radiator.
With small single glazed window overlooking the rear of the premises. Fire escape from this office leads to external staircase leading to ground floor rear yard area.
With small single glazed window overlooking the rear of the premises.
Stairwell leads to second floor ladies and gents WC’s and staff kitchen. A fire escape from the kitchen leads to a metal staircase leading to the ground floor rear yard.
With sink unit, wall and base mounted units and tiled floors.
There is a small rear yard to the rear of the property accessed by the fire escape from the first and second floors.
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.
