Retail Property (High Street)
The ground floor shop is let on a 15 year lease from 1st March 2017 (no breaks) at £7,500 p.a. The sale includes the freehold of the flat above which generates £250 p.a ground rent.
On the main shopping street of Bromyard with access by a shared path from Rowberry Street to a small courtyard, the rear of the shop.
A town centre shop with store rooms and cloakroom.
The shop is approximately 595 sq ft with a frontage of 18ft, two store rooms of approximately 270 sq ft and a Cloakroom.
35 ft deep by 17 ft average having exposed timbers (approx. 595 sq ft).
15 ft 3 x 11 ft 6 with window to side.
12ft 8 x 7ft 8
With WC and basin
Door to rear path.
We understand the property is Freehold and is being sold subject to existing tenancies.
Strictly by arrangement with the Auctioneers.
Freehold. Subject to tenancy.
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.
