Commercial Property
An end terrace three storey building providing two vacant shops on the ground floor with office space above. The property benefits from planning permission for the conversion of the upper floors from offices into five self contained flats.
Planning details:
Planning permission was granted by North East Lincolnshire Council on 6th April 2016. Ref: DM/1219/15/FUL
Please note: We believe the property has been subject to fire damage.
The auctioneers have not inspected the property, however we believe that
Ground Floor: Retail unit with office and w.c. Further retail uni with kitchen and w.c.
First Floor: Six offices and w.c.
Second Floor: Four offices, kitchen and w.c.
Ground Floor: Retail unit with store, refuse, office and w.c. Further retail unit with kitchen and w.c
First Floor: 2 x one bedroomed flats. 1 x two bedroomed flat.
Second Floor: 2 x one bedroomed flats
Freehold. Vacant possession upon completion.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
