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The Haberdashery Dartmouth Street and 62 Tixall Road, Stafford, ST16 3TU

Lot no: 48 Sold Prior to Auction
 

Guide Price £140,000+ 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 25th February 2021

10.30am
Key Features
  • 360 Video tour
  • Visit sdlauctions.co.uk to register
  • Two self-contained apartments
  • £12780 rental income
  • EPC Rating: C & C
  • Ideal investment opportunity
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Sold Prior to Auction

Block of Apartments

Property Description:

This freehold property is currently laid out as two self contained apartments returning a combined income of £1065pcm / £12780 per annum when both tenanted. In addition to the property there is a gravelled off road parking area. There is also a large roof space above the top flat (The Haberdashery) which may be suitable for conversion (subject to planning permission).

Tenancy Details:
Haberdashery Flat currently let at £530 per calendar month
Flat at 62 Tixall Road (new let from 20 Feb 2021) at £535 per calendar month.

The accommodation comprises:

62 Tixall Road (Ground Floor)
Hallway
Kitchen Diner 11’10 x 10’5
Lounge 15’10 x 11’1
Bedroom 10’1 x 9’7
Bathroom 5’11 x 4’10
Cellar
The Haberdashery (First Floor)
Hallway with stairs to first floor
Open Plan Lounge Kitchen 15’8 x 10’2 & 9’8 x 8’10
Bedroom One 10’5 x 11’6
Bedroom Two 7' x 6’1
Bathroom 7’6 x 5’4
Outside

Gravelled parking area and patio area at The Haberdashery

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.

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