Mixed Use
DRAFT DETAILS
A freehold, grade 2 Listed building currently trading as the Jaflong Tandoori Restaurant located in Market Square, Bicester occupying a prime position with street parking (free after 6) to the front. The property is located approximately 10 minutes from Bicester Village (one of the most visited tourist areas of the UK) and is a two-minute walk from the Train station. The area comprises many local and national retailers along with several development schemes underway or planned.
The ground floor comprises a licenced restaurant and bar along with a fitted commercial kitchen and extraction system. The restaurant has 50 covers and male and female WC.
The first floor comprises preparation room, staff room, office, WC / bathroom and a glass wash room
Between the first and second stories is a second Bar
The second floor comprises two large staff rooms
The property also benefits from a large Basement
We feel the building could be converted into residential / mixed use subject to planning consent.
Interested parties are advised to inspect the premises and the legal pack before registering to bid.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
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 Variable Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
Auction Deposit and Fees
The following deposits and non- refundable auctioneer’s fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
Guide Price & Reserve Price
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.
