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68 Queen Street, Great Harwood, Blackburn, BB6 7AL

Lot no: 31 Re-entry to a future auction
 

Guide Price £28,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 10th October 2019

2.30pm
Key Features
  • Small commercial premises
  • Additional attic room
  • Ideal investment opportunity
  • EPC Rating: E
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Re-entry to a future auction

Shop

Property Description:

Small commercial premises with a prime high street location this property is ideal for any new or growing business, currently fitted out to be a hair salon but could be used for other types of businesses, benefiting from being fully alarmed with CCTV cameras in place. Property consists of shop, kitchenette, storage room with w/c and shower room, additional attic room accessed via ladder with potentially top develop (subject to the relevant planning consents).

Ground Floor:

Shop fronted, vinyl floor, currently fitted as hairdressing salon with plumbing and wash basins, strip lighting and central heating radiator, kitchenette to the rear

First Floor:

Laminate flooring, Double glazed window to the front, door leading to shower room, ladder to attic room

Attic Room:

Carpeted flooring, velux window, electric points

Tenure:

Leasehold.


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 Variable Fee (England and Wales).

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 fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 Price
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.