This property is no longer on the market
Mixed use
Property description & features
- SOLD BY TRADITIONAL ONLINE AUCTION
- MID TERRRACE
- SHOP & MAISONETTE ABOVE
- VACANT SHOP
- MAISONETTE LET AT £825PCM
- PROMINENT TRADING POSITION
MIXED USE INVESTMENT PROPERTY FOR IMPROVEMENT
A prominently located three storey, mid-terrace, mixed residential and commercial investment property now for improvement and repair.
The property, which is located in the heart of this vibrant town centre, briefly comprises a vacant lock-up retail unit on the ground floor with a two bedroom maisonette above that is currently let on an assured shorthold tenancy basis.
TENURE
Freehold with vacant possession.
TENANCY
Let on an assured shorthold tenancy basis with current rents reserved of £825pcm.
EPC
Commercial Rating; C.
Residential Rating; E.
ACCOMMODATION
COMMERCIAL
Main retail area leading to stock room, kitchen.
RESIDENTIAL
Ground floor; Privately accessed from street frontage.
First floor; Landing, kitchen, shower room/WC, living room.
Second floor; Landing, two bedrooms.
Outside; Accessed from rear of shop is a courtyard garden with gardeners WC.
IMPORTANT INFORMATION
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.
AUCTION LEGAL PACK & FINANCE
Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. It is the purchaser’s responsibility to make all necessary legal, planning and finance enquiries prior to the auction.
PRICE INFORMATION
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
AUCTION INFORMATION
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and 247 Property Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by 247 Property Auctions.All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
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*DISCLAIMER
Property reference 247_pa_2_191. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by 247 Property Auctions - Exmouth.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Energy Performance data and Internal floor area
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