Commercial Property
A vacant ground floor retail lock up shop extending to approximately 88SqM (947SqFt). The property forms part of a small pedestrianised retail parade which backs onto a large Morrisons Supermarket with neighbouring retail occupiers including a newsagents, café and post office. Internally the accommodation is in reasonable order benefitting from roller shutter access to the front and parking to the rear.
The property is accessed by foot from High Street via Market Street or by car via Barnfield Close which also provides access to Morrisons Supermarket which sits just behind the retail parade. The variety of shops, pubs and restaurants situated along Staveley High Street are all just a short walk away.
Note – The property is held on a leasehold title with approximately 70 years remaining.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Leasehold. 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 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 1.8% of the purchase price (subject to a minimum of £2,400 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.
