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1A Hoole Road, Chester, CH2 3NQ

Lot no: 54 Re-entry to a future auction
 

Guide Price £237,000+ 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 27th August 2020

10.30am
Key Features
  • Mixed use property currently split up as a nail/beauty salon
  • Excellently located on Hoole Road, the main arterial route into Chester city centre
  • The property would suit a number of different uses, subject to all necessary planning permissions.
  • EPC Rating: E & G
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Re-entry to a future auction

Mixed Use

Property Description:

DRAFT DETAILS: This is a rare opportunity to purchase a mixed use property of this scope which is currently arranged as a nail and beauty salon on the ground floor and two bedroom flat on the second floor. The property very well located in a prominent position on Hoole Road, the main arterial route into Chester city centre. Set amongst a mix of both commercial and residential properties within the areas thriving community, this substantial property would suit a number of uses, subject to any necessary building and planning consents. The property should be viewed internally to fully appreciate its whole offering and in brief, comprises:

Ground Floor Shop:
Main Shop Area

34ft 7 x 13ft 6

Side Office Room

7ft 6 x 12ft 2

Side Treatment Room

7ft 3 x 16ft 1

Kitchen Area

15ft 4 x 7ft 5
Toilets at rear of the kitchen

Toilets coming off the office at rear

5ft 2 x 7ft 6

Office Space

20ft 3 x 17ft

First Floor Flat:
Living Room

13ft 1 x 11ft 3

Kitchen

6ft 5 x 7ft 5

Bedroom One

11ft 9 x 7ft 8

Bedroom Two

7ft x 4ft 6

Substantial sized balcony
Tenure:

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 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.