Office for sale
Property description & features
- Tenure: Freehold
- Parking available outside
- Extremely well located
- For sale by 'Secure Sale' Terms & Conditions apply
- Could lend itself to a multitude of uses
We are pleased to offer to auction this freehold ground floor Retail/Office unit on Ock Street, Abingdon, with a front office/showroom (approx. 12 m2), rear storeroom including WC and basin (7m2), and also with overall freehold of two adjoining flats that yield £100 per year ground rent per unit (120 years remaining on each lease). The office/showroom has recently been used as a bookshop/publisher and previously as a bridalwear shop, but could lend itself to a multitude of uses.
Extremely well located to reach Abingdon Town Centre, South Abingdon and with quick access to the A34. Two hour off street parking available outside, ideal for customer parking.
Please note we have not inspected this property.
For sale through Pattinson Auction under Conditional Terms.
Rooms
Location
The subject property is located along Ock Street, well located and within easy reach of Abingdon Town Centre, South Abingdon and with quick access to the A34.
Accommodation
The property briefly comprises of open plan office to the front of the premises with rear storage room and WC.
Tenure
Freehold. Title number ON72247. Also covers the freehold of two adjoining flats generating £100pa per unit in ground rent.
Further details can be found in the legal pack.
EPC
Rating E (available upon request)
Rateable Value
The current rateable value is £4,600 (1 April 2023 to present). Therefore falling below the rates relief threshold.
Sourced by VOA.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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