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17b Dunton Road, Broughton Astley, Leicestershire LE9 6NA

Lot no: 22 Sold at Auction for £100,000
 

Guide Price £65,000+ plus fees

UnconditionalOn 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 30th January 2025

9.00am
Key Features
  • Commercial Unit
  • Excellent Condition Throughout
  • Investment Opportunity
  • Fully Let At £10,992 Per Annum
  • Yield at guide price 17%
  • Popular Village Location
  • Freehold
  • Approx 625 Sqft
  • EPC Rating: D
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Sold at Auction for £100,000

Property Description:

A single storey commercial unit.

The property is in excellent condition throughout and benefits from electric heating and UPVC double glazing.

Situated in the thriving village of Broughton Astley with an abundance of residential properties locally.

The unit has newly been let at £10,992 pa and is used as a beauty salon.

The property may offer scope to turn into residential or add a first floor, subject to the necessary permissions.

An ideal investment opportunity with estimated yield 17% on the guide price.

Reception Hallway

With electric radiator and window to front.

Main Studio Room 8.40m x 4.20m

With 3x electric radiators, Kitchen cupboard units with inset sink, laminate flooring, 2x windows to front and further door to front aspect.

Office 5.98m x 2.48m

With electric radiator, base store units, sink and laminate flooring.

Kitchenette

With base and eye level units, sink and integrated fridge.

Toilet

Having low flush w.c. wash hand basin and window to front.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Subject to tenancy.


Utilities Information
  • Heating Supply: Double Glazing, Electric
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

On Street



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 1.2% of the purchase price (subject to a minimum 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.