Freehold commercial/residential mixed use property (approx 2,195 sq.ft.) requiring modernisation, development potential - vacant

Description/Location

The property is Grade II Listed and occupies a central position in the town. The property is set over 4 floors, including basement. The commercial area was previously let as a Barber shop. Potential to convert into 2 or more flats, subject to planning. Alternatively, the property could be converted to an HMO with 5/6 rooms, again, subject to planning. Rateable Value: £6,400.00 (Small business rates relief / exemption may be available)

Tenure

Freehold

Accommodation

Lower ground floor: Cellar Ground floor: Commercial area, hallway, kitchen area, reception room First floor: Landing, reception room, bedroom, bedroom/study, bathroom Second floor: 2 loft rooms with restricted head height

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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.