Mixed Use
This property would make a perfect buy for anyone looking for an investment situated in a popular area near excellent transport links into the city and local amenities.
The ground floor is currently being used commercially as a Newsagents by the current owners. The Newsagents is sold with vacant possession and we understand the fixtures and fittings will remain on completion, with the exception of the stock, the chiller fridge and the ice cream freezer, which can be purchased from the owners at an agreed price. This will allow the purchaser to continue trading as the current business should they wish. Please see the legal pack for further information.
To the rear of the Newsagents on the ground floor and to the first and floor is occupied by a self-contained duplex three bedroomed apartment and large storage areas.
Freehold newsagents and off licence, on a busy road. The shop has been run by current owners for 31 years and has been trading since the 1940's. This is an exceptionally well established business in the area.
The hallway provides access to the first floor accommodation, living room, kitchen and large store rooms.
The living room in 25' in length has laminate flooring, ceiling and wall lights, a TV point, a radiator and French doors leading to the rear garden.
The kitchen has a range of base and wall units, part tiled walls, integrated oven and gas hob, an integrated extractor fan. Door that lead to the rear of the property
20' in length.
Consisting of -
Window to the front elevation. Laminate flooring and fitted cupboards.
Window to the rear elevation and fitted cupboards
Window to the side elevation and fitted cupboards.
The bathroom has a corner bath, tiled walls and floors, a hand basin, a low level flush wc, a walk in shower cubical and window to the rear elevation.
To the front of the property gives access to the public into the Newsagents. To the rear is a patio area.
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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