Mixed Use
DRAFT DETAILS
Substantial mixed-use property, well positioned, in sought-after location.
A large double fronted commercial premises with warehouse to the rear, both measuring approximately 4000 sq.ft. Both units are currently vacant and would suit a variety of uses, subject to any planning or licensing requirements. To the furthest rear point of the property you’ll also find car parking for approximately 25-30 cars.
One bedroomed apartment currently let at £350 per calendar month.
Three bedroomed apartment currently let at £450 per calendar month.
To the first floor of the property there are two residential flats both currently let on recently renewed leases for a combined total of £800 per calendar month, both managed by local letting agents. We understand both flats to be in good condition, both with new fuse boxes and loft insulation. Flat 65 benefits from electric heating throughout and flat 67 benefits from gas central heating.
Bottesford is a sought after location and the flats are well positioned for access to all local amenities including supermarkets, a variety of independent business as well as being in the catchment area for a number of highly sought-after schools.
Part let; part vacant. Please see legal pack for further information.
See Legal Pack.
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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