fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

37 Norwich Road, Wisbech, PE13 2AD

Lot no: 16 Sold at Auction for £59,000.00
 

Guide Price £45,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Tuesday 23rd July 2019

11.30am
Key Features
  • A freehold retail unit in a popular location. A great investment or potential for development subject to permissions.
  • Main sales area with further store room to the rear.
  • There is a pedestrian passageway to the side providing access.
  • To the rear of the property is a single storey brick built garage unit.
  • EPC Rating: F
Add to favourites
Sold at Auction for £59,000.00

Commercial Development

Property Description:

The premises comprises of a single storey property of traditional brick elevations with tiled mansard style roof. The property has a distinctive brick turret to its frontage.
Main sales area with further store room to the rear.
Sales 76.11 m² 819 sq ft
Rear Stores 10.6 m² 114 sq ft
Total 86.67 m² 933 sq ft
There is a pedestrian passageway to the side providing access.
To the rear of the property is a single storey brick built garage unit.
The property is serviced off its elevation to Norwich Road as well as the pedestrian passageway to the side and there is on-street parking available to the front elevation.
Wisbech is a popular market town with a population of circa 20,000. The property is located within Norwich Road, being approximately ¼ mile from the main Town Centre. The surrounding area contains a mix of retail and residential property. There is a Nursery School directly opposite with North Cambridgeshire Hospital and The College of West Anglia being in close proximity.

The auctioneers have not inspected the property but believe it to comprise:

Tenure:

Freehold.


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.