Property description
DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £119,000 plus reservation fee. NEW A rare opportunity to acquire a centrally located single storey showroom with separate garage which could be utilised for a variety of uses subject to the necessary permissions. The property is currently used as a furniture retail showroom but could be sub divided into separate units as required. Situated just off Barton town centre the property includes an extensive parking area together with a large detached garage/store. There are currently three large showrooms together with an office and ancillary stores.
This property is for sale by DDM Property Auction powered by iam-sold Ltd.
AUCTIONEER'S COMMENTSThis 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 01652 66 11 66 or visit: www.northlincolnshirepropertyauction.co.uk
Property Features :
- Rarely available single storey showroom with garage convenient for town centre amenities
- Currently includes three showrooms, office & toilet
- Extensive forecourt parking area
- Variety of potential uses & subdivisions subject to necessary permissions
- EPC RATING : C