Mixed Use
A large detached mixed use property offering three separate units. Offering approximately 2380 sq. ft. of accommodation.
Spacious hairdressing salon to the ground floor, a beauty salon to the first floor and a large one bedroom flat.
The property is well placed in the ever expanding village of East Leake and within a range of other local amenities and next door to the Co-Op.
There is scope for further alteration and re-development if required. The ground floor could be opened up to make a larger, open plan retail unit, or it could be split into two smaller shops to the ground floor. There is also scope to turn the first floor into a further residential flat.
There is parking for four cars to the rear.
The property is offered part let/part vacant. Current income from the Beauty Salon is £7,200 per annum. The flat is currently let at £6,900 per annum (£14,100 per annum combined).
The Hair Dressing Salon will be offer with vacant possession and has a potential rental value of approximately £14,000 per annum (based on comparable evidence). Current estimated rental value once fully let is circa £29,000 - £30,000 per annum. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Comprises of reception, main salon, salon room two, salon room three, salon room four, staff kitchen, cloakroom/WC, store and utility/staff toilet.
Comprises of landing area, treatment room one, treatment room two, treatment room three, treatment room four, treatment room five and kitchen.
Comprises of lounge/diner, kitchen, bedroom and shower room.
Car Park for four cars and rear bin store area.
Construction Material
Double glazing and gas central heating
Mains
Mains
Mains
These sales details are awaiting vendor approval.
Freehold. Part let/part vacant.
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 auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers 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 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.
