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Units SB055, SB107, TB035, TB036, TB037, TB038, TB149, 4a Ashroyd Business Park, Ashroyds Way, Barnsley, S74 9SB

Lot no: 65 Withdrawn Post
 

Guide Price £9,500+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 28th May 2020

10.30am
Key Features
  • Seven storage units
  • Great investment opportunity
  • Established business park
  • Good transport links
  • EPC Rating: D
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Withdrawn Post

Storage

Property Description:

A portfolio of 7 storage units part let and located within a modern industrial estate situated in Barsnley. The storage units are located within a secure self-contained building giving ease of access and security.

The Auctioneers have not inspected the units but believe them to have the following dimensions:

SB055 - 100 square foot
SB107 - 35 square foot
TB035 - 50 square foot
TB036 - 50 square foot
TB037 - 50 square foot
TB038 - 50 square foot
TB149 - 25 square foot

Location:

The units are located within the modern Ashroyd Business Park, Barnsley. The site occupies a 36 acre, well established development benefiting from a location close to the A6195 Dearne Valley Parkway and approximately 1.5 miles from Junction 36 of the M1. Existing occupiers at the park include Universal Components, Euromax and Storefirst.

Tenure:

We understand the units are leasehold and subject to 249 years and 11 months dated from 1/6/12 with the following:

Unit SB055 - vacant.
Unit SB107 - vacant.
Unit TB035 - tenanted since 07/02/19, current rent £850 pa
Unit TB036 - tenanted since 11/02/19, current rent £850 pa
Unit TB037 - tenanted since 16/02/19, current rent £850 pa
Unit TB038 - vacant.
Unit TB149 - vacant.

The tenancies referred to in the catalogue entry cannot be confirmed and any buyer must rely on their own investigations.

Value Added Tax:

We understand that VAT will not be chargeable on this transaction.

Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

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 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.