Commercial Property
The property has access via two roller shutter doors plus door access to office area. The property is set over 2 levels and is approximately over 2881 Sq Ft, across the two floors. There is a right of access over the carpark of the neighbouring business Clark Crafts.
The property sits in a small complex with other well regarded business.
From central Ramsbottom head east on Carr Street towards Bolton Street/A676 and continue onto Bridge St. Turn right onto Railway Street and then right onto Irwell Street. Destination will be on the left.
We have been informed by the vendor that the ground rent is £11.40 paid twice yearly and there is no service charge. This will be confirmed in the lease documents within the legal pack.
Water and waste connected. We have been informed that water meter is in neighbouring premises by informal agreement which will cease on completion. Separate water meter will be required following sale. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
We have been informed the roof has panels made of asbestos. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
We have been provided with plans contained in the legal pack showing potential redevelopment that have not been submitted. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Leasehold. See legal pack.
824
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 £7,200 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.
