Lot 76 - FREEHOLD TOWN CENTRE BUILDING - Clive Emson Auctioneers

Sold £269,000

Previously let at £22,000 per annum

This substantial freehold corner building comprises a former convenience store and fast food outlet on the ground floor, which also includes a cold store and kitchen, with residential accommodation on the two floors above. There is also a basement providing useful storage space.

The building has great scope and potential, though is in need of some upgrading and refurbishment, but is considered very worthy of the improvement works required.

Commercial

Ground Floor

Main retail area, kitchen and store room.

Basement

Two cold storage rooms and store room.

Residential

First Floor

Living room, kitchen, bedroom, cloakroom with W.C, shower and additional cloakroom with W.C.

Second Floor

Kitchen and two bedrooms.

Freehold with Vacant Possession

Important

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, which will be available on Auction Day.

* 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 (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/