Commercial Property
The property comprises a two storey brick built end of terrace building with a pitched roof fronting Crown Street. The property is occupied by Abda Café which utilises the whole building.
The ground floor accommodation comprises seating area of approximately 690 square foot (65 sq m).
The first floor accommodation comprises seating area, kitchen area, along with male and female WC and has a gross internal area of approx. 600 square foot (55 sq m).
The property is located in Northwich occupying a highly prominent position in the town centre fronting Crown Street, which connects Weaver Square shopping centre Precinct with the High Street, and as such benefits from substantial footfall.
In the locality there are a number of National retailers such as McDonalds, Specsavers, Lloyds Bank, Boots and Carphone Warehouse.
The property is also approximately 250 yards from the New Barons Quay Shopping Centre.
Northwich lies approximately 19 miles south west of Manchester and 23 miles South East of Liverpool.
We understand that the property is freehold and subject to a lease to Abda Limited for a term of 5 years commencing 23/02/18 at a current rent passing of £15,000 pa.
Full details and a copy of the lease will be available for inspection within the legal pack.
We understand that VAT IS chargeable on this transaction.
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.
