Restaurant
Property Description:
A large three storey town centre building of approx. 3,032 Sq Ft (281.83 Sq M) offered with vacant possession and offering possible conversion and development to provide mixed use investment potential. The ground floor provides a large open space latterly used as a restaurant premises whilst the first and second floors provide excellant opportunity for conversion / development potential. The building is well located on High Street within the town centre and within walking distance of the bus & rail stations and the New York Stadium.
Ground Floor - 1,258 Sq Ft (117 Sq M)
Open Plan retail / sales / restaurant , rear prep area, rear hall.
First Floor - 741 Sq Ft (68.9 Sq M)
Lobby, W.Cs, Office, room / former commercial kitchen, rear hall.
Second Floor - 962 Sq Ft (89.48 Sq M)
Open Storage space / store rooms.
Tenure:
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:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 1.8% of the purchase price (subject to a minimum of £3,000 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.
