Mixed Use
A three-storey mid terrace building of brick construction with a pitched roof. We feel the property could be extended to the rear subject to obtaining planning consent.
Accessed via an entrance fronting Astwood Road and is occupied by the ‘Full English Café’ which comprises a fitted kitchen with extraction system, serving counter, wc and 32 covers.
Accessed via a metal staircase at the rear of the property leading to an entrance hall, large kitchen, bathroom, two storage rooms and two bedrooms.
Accessed via an internal staircase and comprises four bedrooms.
There is on street parking to the front of the property with gardens to the rear.
The property is located along the Astwood Road Worcester, between the junction with Church Road and Vauxhall Street within a small parade of local shops. The area is otherwise residential and benefits from good transport links into Worcester and the M5 motorway.
We understand the property is Freehold and subject to the following tenancies:
The Full English Café is subject to a rolling tenancy paying £7,920 per annum.
Bedsit 1 is let on a rolling basis paying £85 per week.
Bedsit 2 is let on a rolling basis paying £85 per week.
Bedsit 3 is vacant.
Bedsit 4 is vacant.
Bedsit 5 is vacant.
Bedsit 6 is vacant.
We have not had sight of any documentation relating to the leases for the property and would advise interested parties to inspect the legal pack for more information.
We understand that VAT will not be chargeable on this transaction. All interested parties are advised to refer to special conditions of sale within the legal pack for their own verification.
The cafe is open for viewing during trading hours. To view the upstairs accommodation please make arrangements with the Auctioneers.
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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