Commercial Property
The property is offered with vacant possession. When the main building was previously let out it produced a rental income of £36,200 p.a. Additionally, the separate annexe to the rear of the building was previously let producing £7,200 p.a.
The offices are arranged over three floors (including loft space and cellar), are in excellent condition and tastefully decorated throughout. There are dedicated car parking spaces in a shared car park to the rear of the property.
The accommodation extends to just under 4,000 sq.ft in total which includes toilets on each floor and circulatory space. The main building is currently divided into fifteen separate offices but can easily be reconfigured into various combinations or opened up with the removal of stud walls. The offices presently range from modern rooms to those which still have their original architectural features. The building benefits from gas central heating and has had separate boilers installed on each floor.
There is an extensive cellar, which is free from damp and would provide excellent further storage space.
The property would also suit conversion to a large single dwelling house or a scheme of apartments subject to securing the necessary planning consents.
Entrance lobby, stairway to upper floors, seven offices, kitchenette.
Entrance lobby, three offices, ladies and gents wc's, kitchenette and shower.
Entrance lobby, five offices, kitchenette.
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.
