Mixed Use
A mixed use investment opportunity comprising a commercial unit with parking trading as a convenience store, and a vacant one bedroom apartment to the first floor.
The ground floor is currently held on a 7 year lease with rent passing of £10,200pa trading as a convenience store.
The unit was previously a butchers and benefits from separate refrigeration area (decommissioned) accessed from the rear of the convenience store. There are also separate loading and unloading doors accessed off the car park. There is scope we feel for a separate unit in this space (subject to current lease and planning).
The first floor comprises a one bedroom apartment with vacant possession. We noted a new kitchen, modern bathroom, new upvc windows, signs of rewiring along with a new consumer unit. Smoke alarms and fire doors have also been renewed. The apartment has separate access to the rear of the property via an alley way and has stairs leading to the first floor.
Living Room
11.32 ft x 13.78 ft
Airing Cupboard
Bedroom
10.11 ft x 12.31ft with walk in wardrobe
Fitted Kitchen (with new units)
8.90ft x 7.23 ft
Bathroom
5.31 ft x 7.66 ft
To the rear is a garden.
These sales details are awaiting vendor approval
Freehold. Part let/part vacant.
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)
• Buyer’s 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.
