Block of Apartments
A freehold/leasehold investment offering FIVE flats and THREE shops. Let at £59,000 per annum.
A superb opportunity to purchase a block of mixed use properties. Situated in the highly desirable location of Woodseats.
The property is in excellent order throughout. Each property is self-contained and has its own utility supplies and meters.
Comprising of three shop front. All let to one window company. Please refer to legal pack documents confirming income.
Five spacious flats comprising of 2 x 3 bed flats. 2 x 2 bed flats and 1 x 1 bed flat. Please refer to legal pack documents confirming income.
Garden and amenity space to the rear.
A superb, freehold/leasehold investment with income from day one and a potential return of over 10%.
Three retail units let to one company. Large frontage and display windows in a busy trading location.
Ground Floor- Kitchen and Lounge. First Floor - Bedroom One, Bedroom Two and Bathroom. Second Floor - Bedroom Three.
Ground Floor- Kitchen and Lounge. First Floor - Bedroom One, Bedroom Two and Bathroom. Second Floor - Bedroom Three.
First Floor - Hallway, Lounge, Kitchen, Bathroom. Second Floor - Bedroom.
First Floor - Lounge, Kitchen, Bedroom One, Bathroom. Second Floor - Bedroom Two.
First Floor - Lounge, Kitchen, Bedroom One, Bathroom. Second Floor - Bedroom Two.
Small gardens and yard space to the rear.
Please see legal pack for registers of title and tenure. We understand this lot comprises of three titles, with two being freehold and one leasehold. Please also see the results of the drainage and water searches provided in the legal pack, as non-standard connections have been highlighted. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
See Legal Pack. Subject to tenancy.
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Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.
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.
