Mixed Use
A double fronted, mixed use premises situated in the heart of the Market Town of Melton Mowbray.
Excellent location within the Town Centre and ample parking close by.
The property is well presented throughout and offers a former Cafe / Coffee Shop to the ground floor with a superb 2 bedroom, self contained, Duplex Apartment above.
The Cafe offers 30 covers internally and at least 12 externally to the front.
Sale is due to retirement and is now offered Freehold and with Vacant Possession.
An ideal business opportunity for owner occupiers or an excellent investment opportunity with estimated rental value in excess of £20,000 per annum.
Sold as seen with Cafe / Commercial Kitchen and Items included in the sale.
Well placed in a busy trading location within the Town Centre with numerous other commercial and shopping facilities.
There is scope to turn the ground floor into two small units (subject to any required permissions)
The seller still hold social media accounts and Trip Advisor Info which can be passed on to any buyer if required.
32ft5 x 16ft 10
14ft 4 x 12ft 6
32ft 1 x 11ft 2
10ft 9 x 10ft
19ft 7 x 9ft 9
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 under an Unconditional sale type.
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 fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 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.
