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, kitchenette, and house bathroom.
Second floor: Two double bedrooms.
Externally the vendors rent a garage from Network rail at £400pa. This gives additional storage and a space to park a car. This contact wont continue after the date but new owners are free to make contact with network rail regarding a new lease.
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 Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
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).
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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding 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.
