Commercial Property
A single storey commercial unit located behind 170 Studley Road. Benefiting from two separate entrances meaning it could potentially be let to two separate businesses. The premises also benefits from a garden, beyond which is a car park and service road. We feel that the accommodation could be extended substantially to the rear along with a change of use to residential, subject to obtaining appropriate planning consent.
A barber shop split into two trading areas both with separate which are internally connected and benefits from a kitchen area and wc.
Approximately 157 sq ft.
Approximately 273 sq ft.
The property is located behind 170 Studley Road and accessed by a dedicated walkway to the right of 170. To the front of the building is the Studley Road which has on street parking and to the rear of the building is a service road with further dedicated parking for the unit. The general area is mainly residential with a post office and public house within the immediate vicinity.
We understand that the property is Freehold and will be offered with vacant possession.
We understand that VAT will not be chargeable on this transaction.
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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