Property description

DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £70,000 plus reservation fee.

An outstanding opportunity to acquire a grade II listed property which comprises of two distinct but linked retail units, together with a first floor one bedroom flat. Situated within the central conservation area the property is currently used as a popular bar/off-licence and intimate restaurant. The property retains much period detail and the enclosed courtyard garden is a retreat from the busy high street location. The property currently comprises of an attractive split level bar area and is joined to a separate snug with antique cast iron stove with further dining area/office space which fronts the high street. To the first floor there is a well-appointed kitchen with integrated appliances, together with a beamed sitting room, double bedroom and bathroom with three piece suite. A stunning period style property suited to a multitude of uses. NOTE: 35a has permitted use as a shop and 35 has permitted use as an office. 35a also has a full off-licence use and the present owners currently run the business as a bar and bistro with the advantage of temporary events notices.

This property is for sale by DDM Property Auction powered by iam-sold Ltd.

 

AUCTIONEER'S COMMENTS

This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of £5,000 plus VAT (£6,000 including VAT) which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by DDM Property Auction powered by iam-sold Ltd.

 

TO VIEW OR MAKE A BID – Contact DDM Residential on 01652 661166 or visit: www.northlincolnshirepropertyauction.co.uk

First unit:Recessed entrance with part glazed door to:

BAR - 18' 11'' x 7' 9'' average, being split level (5.76m x 2.36m average, being split level)
Feature exposed brickwork, double glazed window to the front aspect, radiator, bar area with space for refrigerators, separate circular stainless steel sink with cupboards under, additional hand wash basin and ledge and braced door to the rear aspect. A low access way with built in store leads to:

SNUG - 10' 9'' max x 7' 9'' max (3.27m max x 2.36m max)
With bow window to the rear aspect, beamed ceiling, quarry tiled floor, radiator, fitted bookshelves, deep storage cupboard and stunning cast iron bread oven in brick surround.

DINING ROOM/RESTAURANT - 13' 2'' x 11' 9'' min (4.01m x 3.58m min)
With large shop window to the front aspect and part glazed door, painted beamed ceiling, radiator, striking carved fire surround with inset decorative open fire in tiled hearth and two deep storage cupboards.

REAR ENTRANCE
With door to courtyard and stairs to first floor flat comprising:

SITTING ROOM - 12' 7'' x 12' 4'' (3.83m x 3.76m)
With multi-pane sash window to the front aspect, beamed ceiling, radiator, TV aerial point, two deep cupboards, door to:

BEDROOM - 8' 0'' x 7' 9'' (2.44m x 2.36m)
With multi-pane casement window to the front aspect, radiator, fitted shelving, beamed ceiling and bulkhead cupboard.

KITCHEN - 10' 8'' x 7' 9'' (3.25m x 2.36m)
Appointed with a range of beech effect units with complimentary work surfacing to include inset circular sink with mixer tap and cupboards under, space and plumbing for a dishwasher, refrigerator and freezer space, inset electric cooker, five further base units, six units at eye level, tiled splash areas, beamed ceiling, sliding sash window and radiator.

BATHROOM - 8' 6'' x 7' 6'' (2.59m x 2.28m)
With traditional suite in white to include panelled bath with mixer tap, pedestal wash hand basin, close coupled WC, radiator, beamed ceiling, sliding sash window, tiled splash areas, cupboard housing the gas fired combination boiler and deep hanging cupboard.

EXTERNALLY
To the rear of the property there is an excellent flagged and walled courtyard with raised brick planters, pergola walkway and toilet with low flush WC, wash hand basin. There is also a gated fire exit.

Property Features :

• Grade II listed bar/bistro and first floor flat
• Ground floor includes split level bar, snug and separate dining room/office
• Flat includes kitchen with appliances, sitting room, double bedroom and bathroom
• Courtyard garden to the rear
• Undoubted potential for a variety of uses