Mixed Use
A deceptively spacious mixed use property arranged over four floors offered with vacant possession upon completion.
The premises are still trading as of inspection date with advised turnover of £4,500pw from short hours. The vendors have also verbally advised they will leave the equipment. We feel there is a good opportunity for a new owner to capitalise on the existing trade by reopening the premises with the current use.
The property occupies a prominent position and benefits from a driveway leading to the rear of the premises where there is a back entrance to the shop and apartment above with the residential accommodation spread over the first and second floors.
Ground floor: Sales shop.
Basement: Accessed via stairs from the kitchen and providing dry and chilled goods storage. The shop and ordering area is spacious enough to provide some internal seating for circa 14 diners, plus a small amount of front pavement seating is permitted.
First floor: Master bedroom, lounge, kitchen and house bathroom.
Second floor: Two double bedrooms.
These sales details are awaiting vendor approval.
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.
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