Hunters
This listing was posted on Hunters (via ListedBuy).
£225,000
property for sale in Northgate, WF13,
Price:
£225,000
Summary:
Used 2018
Description:
Overview AUCTION ENDS at 13:00 FOR SALE BY MODERN METHOD OF AUCTION WITH A STARTING BID OF £225,000 PLUS RESERVATION FEE OF 4.2% Offered for sale is this impressive glass fronted property in the prominent Kingsway Arcade with a landmark building has frontage onto the pedestrian area with ample passing footfall between Northgate and Bradford Road. The Ground Floor is currently occupied by The Cocoa Lounge who have been occupants since 2018 and they are currently paying an annual sale of £13,000 PA with a Sale Review pending. The Landlord has previously let out the First Floor and the basement and the potential Saleal income that can be produced annually is circa £28,200 Per Annum. Surrounding traders include Imsons, Imperial Blinds and Curtains and Jesters Chicken and a variety of town centre retail shops. Tenure: Freehold Auctioneer's Comments - This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance. The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about. Still available at ListedBuy!
Posted:
March 12 on ListedBuy
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More About this Listing: property for sale in Northgate, WF13,
property for sale in Northgate, WF13, is a 2018 Vehicle for Sale in Northampton NTH. Find other listings by searching for 2018 Cars and Vehicles in Northampton on Oodle Classifieds.
property for sale in Northgate, WF13, is a 2018 Vehicle for Sale in Northampton NTH. Find other listings by searching for 2018 Cars and Vehicles in Northampton on Oodle Classifieds.