Workshop & Retail Space
DRAFT DETAILS. A substantial commercial unit arranged as part singe and part two story warehouse and office building with further retail shop to the front and ample parking. We understand the building has B1 and B8 usage.
The property sits within two minutes walk to Caolville town centre and has excellent links to the A511 and M42 and M1 Motorways.
The accommodation amounts to approx. 2850 sqft / 265 sqm and would be perfectly suited to numerous business uses.
There is also scope to demolish the building and redevelop into residential flats/ houses subject to planning permissions.
All mains services including gas, electric and drainage are connected to the building.
As well as parking to the front the property also has land to the rear which is approximately 50ft x 25ft.
1084sqft
275 sqft
288 sqft
180sqft
113sqft
300sqft
116sqft
Tarmac parking to the front for 4-6 cars with security barrier.
To the rear of building is a further parcel of land of approx. 1250 sqft with garage / store and with access from the council car park.
We have been informed there is no VAT on this 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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