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The Warehouse, 3 Quay Street, Ulverston, LA12 9AT

Lot no: 3 Sold at Auction for £125,000
 

Guide Price £125,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 10th October 2019

2.30pm
Key Features
  • Substantial freehold, B1 commercial building in prominent location
  • Currently arranged as a mix of offices, showrooms and storage space
  • Situated on the main arterial road with quick access to M6, Scotland, The Lake District and the South
  • Measuring approximately 2673 sq.ft
  • EPC Rating: D
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Sold at Auction for £125,000

Commercial Property

Property Description:

DRAFT DETAILS. A fantastic opportunity to acquire this well located and versatile building, measuring approximately 2673 sq.ft. Situated on the main arterial road with quick access to M6, Scotland, The Lake District and the South, the building would suit a number of uses and various development opportunities, subject to any necessary building and planning consents.

Set over three floors, plus a double vaulted cellar, the property has been well maintained by it’s current owners who until recently, occupied their business here. In 2018 the property went through significant exterior improvements and internally, has been extremely well maintained throughout the current vendors ownership, which spans approximately 14 years.

The property is currently arranged as a mix of offices, showrooms and storage space and must be viewed in order to fully appreciate it’s scope and opportunities.

The accommodation briefly comprises:

Ground Floor
Entrance Hallway
Showroom

20ft 8 x 15ft 9

Substantial Store Room

20ft 4 x 10ft 7

Access to Basement

Double vaulted space extending to 32ft 2 with radiator, extractor fans, power points and lighting.

First Floor:
Showroom

30ft 6 x 15ft 5

Office
Wc and Understairs Storage

7ft 7 x 4ft 5

Second Floor:
Showroom

24ft 1 x 20ft 8

Executive Office

10ft 6 x 20ft 8

Kitchenette
Tenure:

Freehold.



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.