Property description

DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £74,950 plus reservation fee.

ATTENTION INVESTORS. An excellent opportunity to acquire commercial premises with four bedroom flat above (currently tenanted). The ground floor currently comprises a shop with storage area, office and wc. The maisonette flat has its own access and briefly comprises lounge, kitchen, four bedrooms and bathroom. Viewing recommended.

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 5% subject to a minimum of £5,000 plus 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 01724 868 168 or visit: www.northlincolnshirepropertyauction.co.uk

GROUND FLOOR SHOP
Comprising:

SHOP - 28' 6'' x 12' 9'' (8.68m x 3.88m)
Access to:

STORAGE AREA - 15' 3'' x 8' 11'' (4.64m x 2.72m)
Wall mounted boiler.

OFFICE - 12' 4'' x 9' 9'' (3.76m x 2.97m)

CLOAKROOM
With wc and wash hand basin.

FLAT (32a)
Comprising:

GROUND FLOOR ENTRANCE LOBBY
uPVC double glazed entrance door, radiator and stairs to:

FIRST FLOOR LANDING
Stairs to second floor.

KITCHEN - 9' 9'' x 9' 0'' (2.97m x 2.74m)
uPVC double glazed window to the rear aspect, radiator, base and wall mounted units, space and plumbing for washing machine.

BATHROOM
Three piece suite in white and uPVC double glazed window.

BEDROOM - 14' 2'' x 10' 8'' (4.31m x 3.25m)
uPVC double glazed window to the rear aspect.

LOUNGE - 14' 3'' x 12' 7'' (4.34m x 3.83m)
Two uPVC double glazed windows to the front aspect.

BEDROOM - 10' 1'' x 7' 0'' (3.07m x 2.13m)
uPVC double glazed window to the front aspect.

SECOND FLOOR LANDING
To:

BEDROOM - 11' 0'' x 9' 2'' (3.35m x 2.79m)
Window to the rear aspect.

BEDROOM - 7' 7'' x 9' 4'' (2.31m x 2.84m)

EXTERNALLY
There is off road parking to the rear of the property.

Property Features :

• ATTENTION INVESTORS
• Shop with flat above
• Ground floor shop with storage area, office & wc
• Maisonette flat with lounge, kitchen, four bedrooms & bathroom
• Off road parking to rear