2 bed House - End Terrace for Sale

FOR SALE BY AUCTION 4th JUNE 12.00 This elegant period, mixed use property enjoys a wonderfully central and accessible location, close to the town’s principal shopping area and parking.

A super investment opportunity to acquire this two-storey mixed residential and commercial property that briefly comprises a vacant retail unit on the ground floor and a two bedroom maisonette above, being located in a popular town centre position. The property, which is presented in good order throughout, and will appeal to lettings investors and business owners alike on the lookout for a future strong yielding investment property.

FOR SALE BY AUCTION 4th JUNE 12.00

ACCOMMODATION

Commercial

Ground Floor: main retail trading area leading to 2 store/office rooms and cloakroom/WC.

Residential

Ground Floor: private flat entrance with stairs rising to first floor.

First Floor: landing, kitchen/breakfast room, living room and bathroom/WC.

Second Floor: two bedrooms.

OUTSIDE

Small enclosed courtyard area to the front of the property.

TENURE

Freehold subject to an assured shorthold tenancy of the residential component with rents reserved of £630 per calendar month. The shop is offered with vacant possession.

EPC

Rating: Flat - E Shop - C

WHAT3WORDS

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BROADBAND & MOBILE COVERAGE

Broadband: Superfast available

Mobile: Likely good outdoor. May be variable indoor.

Source: ofcom.org.uk

VIEWINGS

Please call 01395 247000 to book into one of the scheduled block appointments.

IMPORTANT INFORMATION

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.

AUCTION LEGAL PACK & FINANCE

Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. It is the purchaser’s responsibility to make all necessary legal, planning and finance enquiries prior to the auction.

PRICE INFORMATION

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve price (a figure below which the Auctioneer cannot sell the Lot during the Auction). This reserve figure cannot be higher than 10% above a single figure guide. Please check our website regularly at www.247propertyauctions.co.uk or contact us on 01395 247000 for up to date information. Following the fall of the hammer contracts are exchanged and there is no going back!

AUCTIONEERS NOTES

Please refer to all legal documents for this Lot in case any additional fees and reimbursements are listed in addition to the purchase price.

†Traditional auction

Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.

* Pricing Information

The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.

Bamboo Proptech and 247 Property Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.

Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.

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Disclaimer

All information relating to this property, including descriptions, pictures and other related information has been provided by 247 Property Auctions. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Proptech or any individual in employment with Bamboo Proptech makes any warranty as to the accuracy or completeness of any of the property information.

These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.

Pursuant to the Auctioneer Act 1845, this auction is being conducted by the auctioneer stated above. All participants in this online auction shall note that both the Auctions (Bidding Agreements) Act 1927 and 1969 shall apply.

Where stated in the bid box above, you agree that Bamboo may pre-authorise your card for the amount of the Buyer's fee and Deposit. You will only be charged if you are the winning buyer. We will release the pre-authorisation at the end of the auction. You card issuer may take up to 10 working days for this amount to be available to you in your account.