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Unconditional Lot - Buyers Premium Applies

Lot 3 - Glascote Road

Guide Price*

£225,000 Buyers Premium Applies

  • 318 Glascote Road, Glascote, Tamworth, Staffordshire, B77 2AX

FOR SALE BY AUCTION on 16th October 2020

Features

A rare opportunity to acquire this detached mixed use property. The premises are freehold and offer both spacious retail and residential accommodation. The building comprises of: fully fitted traditional Fish & Chip (and pizzas) shop and residential accommodation.

A potential purchaser could either

- let out both parts and receive a rental income or

- become an owner operator

The shop is located on a busy main road and has been trading since the 1980's with a long established customer base. The vendor now wishes to sell and retire abroad. Until recently the shop offered a delivery service through Just Eat, which was very successful.

The large residential accommodation comprises lounge, kitchen, two bedrooms and bathroom. This could be used as living accommodation for an owner operator or easily converted to a self contained flat by a new buyer.

Shop Premises

- Retail Area

- Preparation Room 1

- Preparation Room 2

- WC

Accommodation

- Lounge

- Kitchen

- Bedroom 1

- Bedroom 2

- Bathroom

Tenure

Freehold

Additional Information

*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but most satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

318 Glascote Road, Glascote, Tamworth, Staffordshire, B77 2AX

For Sale at our Past Auction

23rd October 2020

  • PUBLIC ONLINE AUCTION Bidding Starts 12pm 21st October 2020 & Ends 12pm 23nd October 2020.
  • Started at 12:30pm

To enquire or view, please contact

Birmingham

  • First Floor, 52 Great Hampton Street, Birmingham, B18 6EL
  • birmingham@townandcountrypropertyauctions.co.uk
  • 0121 729 5075

View Contact Details

Auction Finance

Unconditional Lot - Buyers Premium Applies

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Full Terms & Conditions