- For Sale by Auction- T & C's apply
- Subject to an undisclosed Reserve Price
- The Modern Method of Auction
- Reservation Fee Applicable
- Viewings Unavailable
- Investment Opportunity
- Renovation Required
- Commercial Property Comprising Two Shops and Two Apartments
For sale by Modern Method of Auction; Starting Bid Price £25,000 plus Reservation Fee. Investment opportunity: situated in the heart of Southport Town Centre this property comprises two shops to the ground floor, studio apartment to the first floor and one bedroomed apartment to the second floor. There is currently no access to the property. The property is in need of renovation. This property is for sale by The Great North Property Auction powered by iam-sold Ltd.
AUCTIONEERS 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 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 4.2% subject to a minimum of £6000 inc VAT which secures the transaction and takes the property of 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 requesed 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 The Great North Property Auction powered by iam-sold Ltd.
TO BID- Contact Anthony James Estate Agents on 01704 550 048 or visit https://www.northwestpropertyauction.co.uk/properties/3d9f214754b84ecb87ed9358f4206196
DISCLAIMER: The agent has not viewed this property. All information has been provided by the Vendor.