Mixed Use
The building comprises a two storey, mid-terraced property arranged with ground floor commercial and an apartment to the first floor. The commercial unit is loosely arranged as two self-contained retail units, interlinked at the rear.
The property is arranged as follows:
Commercial unit
Main sails 430 sq.ft.
Ancillary, WC and Kitchen 269 sq. ft.
Total 700 sq.ft.
Residential aspect extending to 689 sq. ft.
Hall, three bedrooms, bathroom, separate wc, kitchen/diner.
The flat is accessed via a rear alleyway. There is a store/shed of substantial construction at the rear of the unit, comprising 200 sq. ft.
We are advised the property is rented at £1,000 per calendar month for the commercial unit and £1,500 per calendar month for the apartment. The auctioneer has not been provided with leases and interested parties are advised to inspect the legal pack for more information. Prospective buyers must make all necessary independent enquiries in this respect prior to placing their bid, as this will be binding.
The property is situated on the West Side of the Green, opposite Manor House Grounds, in a busy commercial area in the heart of Southall, lying in close proximity of Southall Station.
Please be advised that the auctioneers have not personally inspected the property and there is no access available for this property. Prospective buyers, particularly those relying on financing options who may require a survey, are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Freehold. Subject to tenancy.
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 auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers 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.
