Property description

DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £9,000 plus reservation fee.

A shop unit situated in a popular residential area close to shops, schools and bus routes. Comprising shop area with large window with shutter to the front aspect, further room, kitchen area and wc. Having an enclosed yard with outbuilding to the rear.

The property benefits from the FREEHOLD interest of the property with the upper floor occupied on long leasehold terms.

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

SHOP - 11' 1'' x 25' 7'' (3.38m x 7.79m) and 9' 8'' x 12' 3'' (2.95m x 3.74m)
Aluminium framed glazed entrance door, timber framed picture window to the front aspect with roller shutter to the outside, strip lights to ceiling, work tops, carpeted floor, ceiling fan.

ROOM 2 - 10' 3'' x 17' 0'' (3.13m x 5.19m)
uPVC double glazed window to the side aspect, understairs storage area, strip lights, part carpeted floor.

KITCHEN - 10' 4'' x 7' 11'' (3.15m x 2.42m) and 5' 4'' x 11' 5'' (1.62m x 3.47m)
Base unit, stainless steel sink and drainer, wall mounted hot water heater, uPVC double glazed window to the side aspect, strip light.

WC - 3' 2'' x 4' 7'' (0.97m x 1.39m)
uPVC double glazed window to the rear aspect, low flush wc.

EXTERNALLY
To the rear of the property there is a wall and fence enclosed paved area with outbuilding.

Property Features :

• Shop unit in popular residential area
• Shop area & further room
• Kitchen area & wc
• Close to shops, schools and bus routes
• Enclosed yard with outbuilding