Residential Development
A handsome period Grade II listed property. This building is located in the city centre and was most recently used as offices, it now comes with planning consent to be returned back in to a five Bedroom residential dwelling and we have been informed that once converted back to a residential dwelling the value would be in excess of £1m.
The property is set over six floors and boasts an impressive 2,579 sq ft of accomodation, is in very good order and has been maintained to a very high standard. The substantial rear garden is also accessed by the lower ground floor.
Richmond Road is centrally located to a wide range of retail shops, shopping centres and reastaurants within the town centre as well as having great access to a number of road and rail links
Viewing the property is highly recommended.
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 Fixed 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 fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT
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.
