Property description

DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £18,000 plus reservation fee.

An excellent opportunity to acquire this 1920's two storey property with security alarm, water and electricity supply, telephone line, window grills and metal shutters to the main door. The property is currently occupied by Dibbly's Pet Supplies and is situated on Alexandra road within close proximity of Alexandra Retail Park, Freshney Shopping Centre and Sainsbury's. The property has A1 permitted usage with low business rates and has previously been used for a variety of businesses including hairdressers and guitar shop.

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 01472 358 671 or visit: www.northlincolnshirepropertyauction.co.uk

GROUND FLOOR SHOP - 9' 6'' max x 13' 0'' max (2.89m max x 3.95m max)
Wood and glazed entrance door with glazed side panel, double doors, range of base units with work surfaces, solid wood flooring, shop counter, door to wc, small storage cupboard with electric meter and staircase to first floor.

CLOAKROOM - 2' 6'' x 3' 11'' (0.77m x 1.19m)
Low flush wc, wall mounted basin with cold water tap, coving.

FIRST FLOOR OFFICE - 13' 0'' x 9' 11'' (3.95m x 3.01m)
Metal windows to the side aspect with security bars, feature loading door (not in use) to the front aspect, tongue and groove clad ceiling with exposed beams.

NOTE
The property has an alarm system and security camera and there is s blow heater above the main entrance door.

Property Features :

• Two storey building
• Currently used as shop with first floor office
• A1 usage with low business rates
• Close to Grimsby town centre
• Water & electricity supply & telephone line