MODERN AUCTION PROPERTY - T&C's and Buyers Fees Apply - An opportunity to purchase a commercial premises with a one bedroom flat above. The commercial unit comprises a spacious shop/office space, large modern kitchen and storage room and a shower room/W.C. The first floor apartment comprises a spacious lounge, modern fitted kitchen, double bedroom and modern shower room. The property further benefits from a rear yard/garden and two rear parking spacesCommercial Shop/Office Room - 7.7m x 3.81m (25'3" x 12'6")With double glazed door and windows, lighting, two radiators, tile effect flooring, power sockets, air conditioning units and wooden door with obscure glazed inserts leading intoKitchen Area - 2.01m x 1.73m (6'7" x 5'8")Having high gloss wall and base units with laminate work surfaces over, sink and drainer unit, complementary tiling to splash back areas, wall mounted Worcester boiler, stone effect flooring, ceiling light point and opening toStorage Room - 8.28m x 3.18m (27'2" (max) x 10'5" (max)Having three ceiling strip lights, stone effect flooring, two radiators, fitted shelving, obscure double glazed window, fitted base unit, door into shower room and UPVC obscure double glazed door leading to rear yard/garden with double gates to parking areaShower Room - 2.18m x 0.79m (7'2" x 2'7")Having shower tray with thermostatic shower over, wall mounted sink and low flush WC, tiling to walls and floor, ceiling light point and radiatorFirst Floor FlatBeing accessed via the rear yard/garden with a UPVC double glazed entrance door through to entrance area with stairs leading up toLanding AreaWith ceiling light point, Velux window, obscure double glazed window and door toHallwayWith ceiling light point, loft hatch, wood effect flooring and doors to bedroom and loungeLounge to Front - 3.81m x 3.43m (12'6" x 11'3")Having two double glazed windows to the front elevation, ceiling light point, wall lighting, wood effect flooring, radiator and electric fireplace with marble hearth and decorative surround Modern Kitchen to Side - 3.2m x 2.06m (10'6" x 6'9")Having high gloss wall and base units with laminate work surfaces, sink and drainer unit, tiling to splash backs, four ring gas hob with extractor canopy over, inset electric oven, space for fridge freezer, space and plumbing for washing machine, wall mounted boiler, ceiling light point, radiator, wood effect flooring and obscure double glazed window to the side elevationBedroom to Rear - 3.43m x 2.87m (11'3" x 9'5")Having a double glazed window to the rear elevation, ceiling light point and radiatorModern Shower Room to Rear - 1.12m x 1.09m (3'8" x 3'7" (up to shower)Having shower enclosure with thermostatic shower and aqua-panelling, low flush WC, pedestal wash hand basin, tiling to walls, ladder style radiator, ceiling light point, extractor and obscure double glazed window to the rear elevationTenureWe are advised by the vendor that the property is freehold but are awaiting confirmation from the vendor's solicitor. We would advise all interested parties to obtain verification through their own solicitor or legal representative. EPC supplied by Vendor. Current council tax band for flat – AProperty Mis-Descriptions Act:SMART HOMES have not tested any equipment, fixtures, fittings or services mentioned and do not by these Particulars or otherwise verify or warrant that they are in working order. All measurements listed are given as an approximate guide and must be carefully checked by and verified by any Prospective Purchaser. These particulars form no part of any sale contract. Any Prospective Purchaser should obtain verification of all legal and factual matters and information from their Solicitor, Licensed Conveyancer or Surveyors as appropriate. Auctioneer CommentsThis 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, Brookvale Auctions 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% of the purchase price Plus VAT, subject to a minimum of £10,000.00 Plus 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 Brookvale Auctions 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 property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral ArrangementsThe Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
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* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.
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