Mixed Use
DRAFT DETAILS - AWAITING VENDOR APPROVAL. The building would suit anyone wanting to run a commercial business with living accommodation, the living space would benefit from some modernisation. Alternatively, the property may suit investors with commercial and/or residential portfolios.
The main ground floor retail area offers 41.68m2 (449 sq ft) of accommodation. The retail area is tiled floor to walls and retains the original serving counter and chiller cabinets. To the rear of the premises are a kitchen 7.89m2 (85 sq ft) with a further 5.26m2 (57 sq ft) of ancillary space. A fire escape accesses a rear loading area/yard from this room.
The residential accommodation is accessed via a stairwell from within the main retail space. Stairs lead to first floor landing off which there is a bathroom, separate wc, bedroom one and living room. A second flight of stairs leads to two further bedrooms on the second floor.
With sink unit, oven with hob, floor and wall mounted storage units.
With front facing window and radiator.
With front facing window overlooking the front of the premises.
With wash hand basin, bath and boiler.
With front facing window and radiator.
With radiator and rear facing window.
Small shared rear yard/loading area.
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.
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