Ground Floor Shop And Self Contained Three Bedroom First Floor Flat
Mixed investment opportunity in popular residential area of Lancaster. Property has not been inspected by Auction House. We are advised that the ground floor retail unit comprises of shop space, kitchen, storage area, toilet, and additional storage room and further advised that the self-contained flat comprises of three bedrooms, shower room and open plan kitchen/living space. Externally there is off street parking and garage. Flat-Approx. 979sqft (measurement taken from EPC) Shop-Approx. 957sqft (measurement taken from EPC) Auctionhouse are informed that the shop is rented for £600 pcm and the flat is tenanted with the tenant paying £680 pcm. The Property is sold SUBJECT: FIRSTLY TO THE Tenancy Agreement dated 1st April 2022 made between Ross Budden (1) and Hayley Morris (2) (“Tenancy Agreement”); and SECONDLY TO THE Lease dated 16th December 2021 made between Ross Budden (1) and Dean Louis (2) (“Lease”) SAVE THAT THE TENANT HAS SERVED NOTICE TO TERMINATE THE LEASE AS OF 31ST JANUARY 2023. Tenure: Freehold Title number: LA613658 Council Tax Band : A Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/
Tenure
Freehold
Notes for Buyers
ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. SALES PARTICULARS Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. LEGAL PACK Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Energy Efficiency Rating (EPC)
Current Rating Shop = C Flat = D
Local Authority
Lancaster City Council
Solicitors
Birchall Blackburn Law, Ref: Jane Lockwood, Tel: 01772 552187
Offered in association with
FH Lancaster
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £2000 inc VAT payable on exchange of contracts.
Administration Charge - 1.75% inc VAT of the purchase price, subject to a minimum of £1750 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.