Property description

Lot 13
For sale by online auction

Thursday 14th July
guide price £295,000+

Town centre investment opportunity comprising vacant shop and 3 let flats currently producing £23,700 per annum. Grade II listed with plenty of period features and side passage leading to a garden area.

Situation & Description

Town centre investment opportunity comprising vacant shop and 3 let flats currently producing £23,700 per annum.

Shop area about 240ft² (22.36m²) plus cloakroom and basement room (accessed from the communal hallway) with kitchenette and shower room.
Flat 2 with hall, lounge, kitchen, bathroom and 2 bedrooms.
Flat 3 with lounge, lobby, kitchen, bedroom, bathroom and cloakroom.
Flat 4 with living room/kitchen, bedroom and shower room.

Grade II listed with plenty of period features and side passage leading to a garden area.

Note - Flat 1 has previously been sold off on a long lease.

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Exit the Market Place round about onto St Mary Street. The property can be found on the left.

Viewings

To arrange a viewing, contact: *** office on ***

There will be numerous pre-arranged open house viewing slots lasting for 30 minutes and you can book in by contacting the Auctioneers.

If you have any concerns with viewings, please contact the relevant Strakers office and we would be happy to discuss them with you and hopefully put you at ease.

Legal Pack

You can download the legal packs via our website and going to the auction home page by using the services heading at the top of the page. Click on the light blue tab under the next auction date displayed on the calendar. This will produce a lot list, select a lot of interest, this pulls up further details on the property - on the right under the photos click View Legal Documents - You will need to sign-up by entering your email address and creating a password the first time but this will stay valid for all of our future auctions. The legal pack may not be available straight away, but as long as you have registered to receive it you will be notified as soon as it is available.

Reserve & Guide Price

Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

+ Fees

If you are the successful bidder, you will then be asked to sign the auction contract and pay a 10% deposit and a buyers fee of £600 including VAT on any Lots purchased at or below £99,999 or £1,200 including VAT on any lots purchased at £100,000 or above.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements and distances are approximate only. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
Amenities

For Sale By Online Auction

Thursday 14th July 2022

Lot 13

Guide Price £295,000+

Town Centre Location

Ideal Investment Opportunity