_t202207181417.jpeg?&uuid=sdl_website)
_t202207181417.jpeg?&uuid=sdl_website)
_t202207181417.jpg?&uuid=sdl_website)
_t202207181417.jpg?&uuid=sdl_website)
Commercial Property
{tab}Large Commercial Property
{tab}Full 1st and 2nd
{tab}Fully Let at £30,000 per year.
{tab}2500 sqft
{tab}Gross Yield: 13.64% at guide price
{tab}EPC Rating Scotland C, England Equivalent B.
{tab}Business Rates: Currently Zero rates payable under small business bonus scheme.
Commercial Property
Property Description:
Full 1st & 2nd floor commercial property. Branded as Alexandria business centre.
Fully let at £30k per year gross.
The property is situated above the Bank of Scotland on Alexandria Main Street.
1st floor consists of 6 let rooms, 2 WC and staff kitchen.
It is completely let to salon businesses.
Hairdressers
Massage
Eyelash extensions
Aesthetics
(5 year leases)
2nd floor is fully let to a wedding events company. (10 year lease)
It consists of 6 rooms, kitchen and WC.
Description:
Solid sandstone building
Fully renovated internally in 2021
Roof over-hall in 2021 with bank contributing 1/3 of common repairs.
Rates-
Combined rateable value £13,800
Zero business rates to pay under the Small business bonus scheme.
A landmark property in a nightly sought after high footfall area.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Under the Estate Agents Act 1979 we are required to declare any conflict of interest. The seller of this property is also our partner agent in the sale, and will receive part of any Buyers Fee as commission. If you have any queries regarding this, please contact us 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 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.
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 and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
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.
.jpg){kind=logo}
