Mixed Use
Property Description:
A stone built inner terrace mixed use property fully let producing £10,160 per annum. The property comprises a ground floor commercial retail unit of approx. 340 Sq Ft (31.56 Sq M) currently operating as a Barbers subject to a Lease producing £6,000 per annum. The first floor provides a seperate one bedroom self contained which is let by way of an AST which prodcues £4,160 per annum (£80 per week).
The property is located on Main Street opposite the Ship Inn Public House between the junctions with Campbell Street and Rossiter Road 2 miles north of Rotherham town centre.
Ground Floor - Commercial 340 Sq Ft (31.56 Sq M)
Open Sales / Retail Area, Store Room, Kitchenette
First Floor - Flat
Open Plan Living / Kitchen Room, Bedroom, bathroom
Tenure:
Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Multi lot timed 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:
• % deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 1.8% of the purchase price (subject to a minimum of £2,400 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.
