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Five Bedroom Duplex Apartment +
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Retail Premises Below +
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Potential for Conversion +
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Ideal for Developers/Investors +
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Sale by Modern Auction (T&Cs apply) +
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Subject to an undisclosed Reserve Price +
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Buyers fees apply +
Your Move are delighted to offer for sale via the modern method of auction this appealing five bedroom duplex apartment and retail premises.
The substantial building offers huge potential for further conversion subject to the relevant consents.
Used for many years as a retail premises at ground floor level and a family home above there are endless possibilities for future use.
At ground floor level there is a large double fronted retail premises accessed via a front entrance door. To the rear is a separate entrance hallway with separate W.C. and wash hand basin along with access to a basement. A staircase provides access to the first floor.
To the first floor there is a large living/dining kitchen a further living area/bedroom, additional double bedroom and a shower room.
To the second floor there are four more bedrooms and a bathroom. A ladder provides access to a large loft space offering further potential with Velux roof window.
Externally there is a small yard area to to the rear.
Property is offered for sale through the Modern Method of Auction which is offered by iamsold Limited.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
QKG170037/2