Ref: Lot 4
For Sale by online Auction, bidding opens Thursday 28th November at 10:00am. Commercial retail shop with upstairs, which could have Potential for further development (subject to planning consent)
This retail property is situated in a bustling area surrounded by a variety of local businesses, including newsagents and hair salons. Previously operated as a renowned butcher, this space offers significant potential for various retail ventures.
Key Features:
Front Retail Space:
• Generous area suitable for a range of retail uses
• Equipped with an electric shutter for added security
• High visibility from the street, attracting foot traffic
Rear Storage Unit:
• Functional space ideal for stock storage
• Separate access from the main retail area
Upstairs Commercial Room:
• Accessible via its own staircase at the rear
• Versatile space suitable for office use or additional retail expansion
• Potential for further development (subject to planning consent)
Investment Potential: This property represents an excellent opportunity for investors and entrepreneurs alike, leveraging its established reputation and strategic location.
Tenure:
Freehold
EPC Rating: C (57)
Current rateable value (1 April 2023 to present) £6,000
* Plus 5% Buyers Premium + VAT
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
By subscribing here you agree to receive relevant emails, news and updates from Town & Country Property Auctions. You can unsubscribe at any time.
No fuss, fast & free*
Town and Country offer a free selling service to a growing number of people choosing to sell their property quickly and easily through auction.
*Contact individual regions for cost
How to bid
Our buying at auction guide will help you throughout the process providing you with guidance to confidently secure your purchase.