fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

1 Brixton Station Road, London SW9 8PA

Lot no: 201 Withdrawn
 

Guide Price £625,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 30th November 2023

10.00am
Key Features
  • Takeaway restaurant subject to an occupancy
  • Vacant two bedroomed maisonette above
  • Close to both rail and underground stations
  • EPC Rating: D E
  • Council Tax Band: C
Add to favourites
Withdrawn

Mixed Use

Property Description:

A takeaway restaurant with maisonette two bedroomed above being part let, part vacant and located close to both rail and undergound stations, the O2 Academy Brixton Concert venue and all amenities.

We understand that the takeaway restaurant is occupied, but have no further information in this regard. We further understand that the maisonette is vacant, but we have not had access and are therefore unable to confirm whether this is the case. Prospective buyers are advised to inspect the legal documents and make all necessary independent enquiries in this respect prior to placing their bid, as this will be binding.

Note

Please be advised that the auctioneers have not personally inspected the property and there is no access available. 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.

Tenure:

Freehold. 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 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.