Mixed Use
A freehold investment opportunity comprising a detached mixed use unit with parking, currently let to One Stop.
The building comprises a ground floor retail unit with a residential dwelling above. The entire building is let to One Stop with a current rent passing of £17,000pa. This has been on a rolling basis for around 11 years.
Further information will be available within the legal pack.
18 Eastwood Road, PE21 0PH occupies a strategically positioned location within an established commercial and residential area, benefiting from strong connectivity and convenient access to key local amenities and transport infrastructure. The property is situated within close proximity to the town centre, providing excellent accessibility for staff, clients, and visitors, while nearby road links support efficient regional connectivity and logistics.
The surrounding area offers a well-balanced mix of commercial activity and residential catchment, creating an attractive environment for a variety of business operations and investment opportunities. Local amenities, including retail facilities, services, and public transport connections, further enhance the property’s accessibility and day-to-day convenience.
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:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 2.5% of the purchase price (subject to a minimum of £3,500 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.
