Addendum To Printed Catalogue
The guide price has been reduced to £76,000+*
A two storey corner property comprising of a ground floor retail unit together with 2 bedroomed flat above accessed via a separate side entrance. The property benefits from double glazing and electric steel roller shutters.
The property is currently let by way of a 5 year lease for the whole building commencing September 2016 producing a rental income of approximately £11,100 per annum.
There is scope to provide a 1 bedroomed flat to the ground floor, subject to any relevant consents. We are advised the vendor's has architect drawings, however potential purchasers should make their own enquiries.
Fronting Ormskirk Street on a Busy Parade of shops just off the A571 and within walking distance to St Helens Town Centre.
Main Sales Area, Kitchen, W.C, Rear Room.
Hall, Open Plan Lounge/ Kitchen, 2 Bedrooms, Bathroom/WC, Store Room,
* Guide Price
An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
* Reserve Price
The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
A successful purchaser will also be required to pay a Buyer's Administration charge of £750+VAT (£900 including VAT @ 20%) (unless stated otherwise within the property description in the catalogue) by cheque made payable to Countrywide.
You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).