* For sale by Modern Method of Auction; Starting Bid Price £165,000 plus Reservation Fee * INVESTMENT POTENTIAL * COMMERCIAL BUILDING * FREEHOLD * ENERGY RATING C *

This building, located at the rear of Chestnut Street, is a large two storey building (around 1200 square foot) offers investment or re-development potential. The ground floor has a reception area, a large room and another smaller room. Upstairs there is a large area with a shower room and WC. The property has some double glazing and gas central heating. Call next2buy Ltd to arrange a viewing -[use Contact Agent Button].

For Sale by Modern Auction T & C's apply
Subject to Reserve Price
Buyers fees apply
The Modern Method of Auction

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ext2buy.iamsold.co.uk/properties/3969b5969d7d48648bae2573b866898b.html

The Property Comprises -

Entrance - UPVc door into entrance lobby, laminate floor and access into the main ground floor training area.

Reception Area - 1.93m x 1.37m - .

Ground Floor Area - 7.67m x 10.64m - .

Smaller Training Area - .

Stairs To First Lfoor - Access to the rear of the property, stairs to first floor.....

Upper Training Room - 11.53m x 4.93m - .

Side Room - 11.63m x 4.62m - .

Shower Room - 1.93m x 1.22m - Shower cubicle & hand wash basin.

Toilet - 1.93m x 1.02m - WC.

Auctioneers Comment - AUCTIONEERS COMMENTS: This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.TO VIEW contact Next2Buy Property Retailers in Wallsend[use Contact Agent Button] or visit TO BID .

Referral Arrangements - This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.