Property Auctions London, Property Auctioneers London, London Property Auctions, Property Auctions London

Lot 5

Freehold Town Centre Commercial Investment
6 Week Completion

Situation

Occupying a prominent trading position in the heart of the old town centre, close to branches of Costa Coffee, Morrisons Daily, Domino's, William Hill and a host of established independent retailers, cafés and restaurants.
Stevenage is located just east of junctions 7 and 8 of the A1(M) between Letchworth Garden City and Welwyn Garden City, some 29 miles north of Central London.

Property

Comprising an attractive and substantial end of terrace Grade II Listed building comprising a Ground Floor Commercial Unit and Basement with separate rear access to Retail, Office and Storage Accommodation on first and second floor levels (see Note 4).
In addition the property includes a Rear Yard.

Click here to view the floor plans of the property.

VAT is NOT applicable to this Lot

FREEHOLD

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

106 High Street, Stevenage, Hertfordshire SG1 3DW