Commercial and Residential Building for Sale by Auction 16th - 17th Feb
Description
Commercial and Residential Building for Sale by Auction 16th - 17th Feb
FOR SALE VIA ONLINE AUCTION ON MONDAY 16th February AT 1PM UNTIL TUESDAY 17th February 1PM.
Contact to Arrange a Viewing
Mixed use investment opportunity!
A prominent end of terrace location with brick elevations which includes ground floor shop premises currently used as a beauty salon with treatment rooms. First and second floors comprise a well-presented two bedroom flat with great rental potential. Tarmac single parking area to the rear along with large brick and tile outbuilding.
698 London Road - EPC Grade C
698a London Road - EPC Grade E
Current rateable value for 698 London Road £3,900 (April 2023 - present)
Ground floor rent is £450pcm (£5,400 per annum) however her lease has expired
Two bedroom flat definitely has potential to achieve £650pcm (£7,800 per annum)
PLEASE NOTE No appliances have been tested by Auction House. Any measurements are approximate. We recommend any would be bidders conduct their own due diligence in good time prior to the auction taking place.
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
GROUND FLOOR SHOP WITH GARAGE
RECEPTION AREA 19'2 x 10'6 (5.84m x 3.20m)
Glass shop front with entrance door. Radiator. False ceiling with lighting. Wood effect vinyl flooring.
HALLWAY WITH SIX SUBSIDIARY ROOMS Wood effect vinyl flooring. Radiator.
ROOM ONE 6'4 x 4'5 (1.93m x 1.35m)
Fitted carpet.
ROOM THREE 8'5 x 7'6 (2.57m x 2.29m)
Fitted carpet. UPVC double glazed window. Grey painted walls.
ROOM FOUR 6'4 x 6'0 (1.93m x 1.83m)
STORE ROOM 4'5 x 4'2 (1.35m x 1.27m)
Vinyl flooring. White painted walls.
ROOM FIVE 6'6 x 5'1 (1.98m x 1.55m)
Vinyl flooring. Pale grey painted walls.
ROOM TWO 7'3 x 7'2 (2.21m x 2.18m)
Laminate flooring. Radiator. UPVC double glazed window. Wash basin.
KITCHEN AREA 12'4 x 9'10 (3.76m x 3.00m)
Two UPVC double glazed windows. Radiator. Grey vinyl flooring. Base units with stainless steel sink. Gas combi boiler.
WC Wash basin and wc. Radiator. Grey vinyl flooring. Extractor fan.
REAR YARD/PARKING There is a tarmac parking area with double gates.
Concrete paved steps with rear access to the building.
Brick and tile two storey outbuilding suitable for storage and other uses.
Partition walls separate small treatment rooms.
FIRST FLOOR FLAT
ENTRANCE HALL Block composite front door. Fitted carpet. Stairs to the accommodation.
KITCHEN 13'3 x 12'8 (4.04m x 3.86m)
Two UPVC double glazed windows. Vinyl flooring. Radiator. Gas combi boiler. Range of fitted units.
BATHROOM 7'7 x 6'4 (2.31m x 1.93m)
White suite with shower fitting to the bath, wash basin and wc. Part tiled walls. Vinyl flooring. Radiator. UPVC double
glazed window
LOUNGE 14'9 x 11'0 (4.50m x 3.35m)
Fitted carpet. Radiator. Three UPVC double glazed windows. Feature fireplace with electric fire.
BEDROOM ONE 14'10 x 11'1 (4.52m x 3.38m)
Fitted carpet. Radiator. UPVC double glazed window
BEDROOM TWO 13'4 x 9'3 (4.06m x 2.82m)
Fitted carpet. Radiator. UPVC double glazed window.
Tenure: Freehold
EPC Rating: C
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Buyers Premium
Administration Charge is a non-refundable £1,800 inc VAT payable on the fall of the virtual gavel.
Administration Charge
Administration Charge is a non-refundable £1,800 inc VAT payable on the fall of the virtual gavel.
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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- 2 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0345 646 2350 for more information
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