Commercial Property
Occupying a prominent position is this good sized end terraced sales shop with separately accessed first floor accommodation. The ground floor offers approximately 1,561 sq. ft, and the first floor plus attic area offers approximately 1,200 sq. ft.
There is a good sized car park adjacent and the property enjoys a great trading position with good sized display frontage. Nearby retail users include Lidl supermarket and local retailers.
Having a frontage of 10.20m to King Edward Street and a depth of 8.37m to Victoria Street, aluminium glazed windows and entrance door, suspended ceiling with air conditioning not tested.
Single drainer stainless steel sink unit, Santon electric water heater, appliance space, rolled edge work surface, electric storage radiator, extractor fan and fluorescent lighting to the ceiling.
Containing a white suite comprising WC wash hand basin.
Broom cupboard off.
WC wash hand basin.
WC wash hand basin electric water heater.
Freehold. Vacant possession upon completion.
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.
