Commercial Property
The auctioneers have not inspected the property but believe it to comprise:- basement treatment room, kitchenette and wc, ground floor sales shop and first floor office/store.
The property is let on a 5 year lease from 1st July 2019 at £6,360 p.a.
Comprising -
With wood laminate floor, pedestal wash basin, ceiling spot lights, double power point.
Having worktop with tiled splashback, stainless steel sink, double power point.
Having low level wc, pedestal wash hand basin, extractor unit, store cupboard, two wall units housing electricity meter.
Comprising -
With wood laminate floor, six double power points, two fluorescent strip lights and ceiling spot lights, alarm fitted, telephone point.
Comprising -
Having wood laminate floor, four double power points, base and wall storage units with worktop and single drainer stainless steel sink unit, water heater, telephone point, fluorescent strip lights and ceiling spot lights
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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