Retail Property (High Street)
A traditionally built retail property in a prominent position arranged over ground to second floors. The property provides a former ground floor retail unit which has been cleared and vacated.
The upper floors are accessed from the rear of the ground floor and also have their own street access which would enable change of use subject to relevant planning consent. Currently the first and second floors provide storage accommodation.
The property would be suitable for a variety of uses, including retail and leisure on the ground floor with residential to the upper floors, subject to necessary planning consents being obtained.
The property extends to approximately 2,518 sq ft ( 234.11 sq m) and laid out over ground, first and second floors. There are additional storage areas on each floor.
All interested parties should seek their own verification of floor areas and dimensions and satisfy themselves that they are suitable for any proposed use.
The property is situated in the town of Barrow in Furness in Cumbria located approximately 34 miles west of Kendal and 80 miles south of Carlisle.
The property occupies a prominent position in the town centre with nearby occupiers including Sports Direct, Greggs, Carphone Warehouse and The Works.
Interested parties are advised to seek clarification from the legal pack.
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.
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