Light Industrial
A freehold vacant light industrial unit used for car repairs offered with vacant possession upon completion, extending circa 751 sq. ft. or thereabouts.
The unit sits in a secure part of the Grinnalls Business park and forms part of a complex of similar unts all accessed behind secure gates.
The ground floor benefits from electric roller shutter, 3 phase electricity, CCTV (not connected) downstairs WC and fire escape to the rear. We have been advised the car lift will remain in place and extends 39.91 ft x 14.61ft (583 sq. ft.).
To the first floor (mezzanine) offers further accommodation. This is configured as residential (unofficial) and comprises open plan lounge with kitchen, having fitted oven dishwasher and modern units along with shower and wc room. There are also Velux windows. Total area 13.87ft x 22.13ft (168.2ft)
Interested parties are advised to inspect the legal pack for more information.
These sales details are awaiting vendor approval.
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 under an 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 fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 3.6% of the purchase price (subject to a minimum of £6,000 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.
