The guide price has been reduced to £40,000 plus. Please refer to the additional documents added to the legal pack with regards to the Leasehold interest.
Completion is to take place within 20 business days of receipt by the Seller's Solicitors of the Grant of Probate of the Will of Clive Daniel Roberts dated 28 February 2018 to Joan Roberts and Stephen Clive Roberts provided that the earliest completion date will be 20 business days after the contract date. When the Grant is received the Seller's Solicitors will forward a copy to the Buyer's Solicitors within 2 working days of receipt.
A two storey middle terraced mixed use property comprising of a ground floor retail unit trading as "Cleaning Centre Launderette" together with a 2 bedroomed self contained flat to the first floor, accessed via a separate rear entrance. The property benefits from double glazing and electric roller shutters.
The ground floor is currently let by way of a rolling contract at a rental income of approximately £3900.00 per annum. The tenant has been in situ for over 10 years. The first floor flat is suitable for letting following refurbishment with a potential rental income of approximately £5400 per annum.
The property has traded as a Launderette for over 50 years.
Sutton Kersh - Auctions
2 Cotton Street,
Liverpool,
L3 7DY
t. 0151 207 6315
f. 0151 207 6316
auctions@suttonkersh.co.uk
We are following Government Guidelines to allow viewings to take place on vacant lots. Where possible, we will upload 360° tours or video tours and internal pictures of lots on our website and we advise that you view these before booking a viewing. We would respectfully remind all parties that strict social distancing will be applied to viewings and facemasks must be worn. You will be allocated a strict 10-minute slot, must attend alone, and wear a facemask. We do ask for your patience, it may not always be possible to accommodate everyone, but we assure you our team is working hard to keep the property market open.
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,800 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.
You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees)