Sold after auction for an undisclosed amount

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An attractive freehold building comprising a vacant ground floor commercial unit (882 sq ft, source EPC) with a 2 bedroom flat above (sold off on a lease).

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Description/Location

The property is located in a prominent corner position at the junction of Griffin Street and Princes Street. The ground floor commercial unit was previously let to Barclays Bank and would be suitable for a variety of uses or conversion to apartments, subject to planning. The first floor flat is subject to a lease for 125 years from 29/09/2004.

Tenure

Freehold

Local Authority

Cumbria County Council

Viewing

Please contact Elliott Network Auctions on 020 7871 0420

Accommodation

Ground Floor: Commercial unit of approx. 882 sq/ft First Floor Flat: 2 bedrooms, living room, kitchen, bathroom Energy Rating: D/76

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.