Queen Street, Lymington, Hampshire, SO41
Guide price: £195,000 - £210,000
A ground floor lock up shop with a residential one bedroom maisonette above. In need of extensive renovation but offering good potential. Situated in a central location close to Waitrose and M & S food hall. at one end of Lymington's fine High Street.
The premises comprise a ground floor shop unit and a one bedroom maisonette above with outside terrace and store room. The whole property is in disrepair and in need of renovation.
Use - from 1 September 2020 This shop premises current user class is 'Sui Generis' 'Sui generis' is a Latin term that, in this context, means ‘in a class of its own’. Certain uses are specifically defined and excluded from classification by legislation, and therefore become ‘sui generis’ this includes:- Hot food takeaways (for the sale of hot food where consumption of that food is mostly undertaken off the premises) , ( previously known as user Class A5 )
* Buyers' fee applies
* Auction pack available on request
* Auction date 8th December 2021
* Guide Price £195,000-£210,000
This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to
a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE ASKING PRICE. Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the ‘legal pack’, if you choose to bid on the property you will be required to complete further identity checks for anti-money laundering purposes and provide card details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.
**Guide price - This is an indication of the seller’s minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.
**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above a single figure guide price or if a guide price bracket is quoted the reserve will fall somewhere within those figures.
Shop - Rateable Value £6,400 (Rate Relief may Apply)
Flat - Council Tax Band A
Lymington offers an extensive range of shops from large household names such as M&S Simply Food and WH Smiths to independent boutiques, coffee shops, restaurants, pubs and tea rooms. There are also a variety of hair salons and beauticians to choose from. Saturdays provide a vibrant atmosphere throughout the town as the market attracts many locals and visitors from throughout the forest and beyond. Lymington is the ideal location for those who enjoy water sports with two marinas and sailing clubs holding access to the Solent and a short drive away from beaches.
Lymington was named by the Daily Telegraph as the eighth best coastal town in Britain 2014. “You’ve got the New Forest, unspoilt coastline, it’s a sailing hub and you can still get to London easily,’’ A pretty Georgian coastal town, Lymington benefits from good schools, boutique shops and Saturday street market.
Being so close to the New Forest it also offers the perfect location for those who enjoy horse riding, walking and cycling. The town offers a nine-hole golf course, rowing club, community centre, library, small cinema, bowls club and tennis club. Lymington Recreation Centre offers an indoor 25m swimming pool and many fitness classes, whilst during the summer months there is an outdoor seawater baths next to the River with a hundred years of heritage. There is also a Cricket Club, Football and Rugby Clubs, Skateboard Park and children's play areas.
From a more practical view Lymington also offers churches of all faiths, infant, junior and secondary schools all within walking distance of the town.
Queen Street, Lymington, Hampshire, SO41
NEAREST STATIONSDistances are straight line measurements from the centre of the postcode
- Lymington Town Station0.6 miles
- Lymington Pier Station0.9 miles
- Sway Station3.3 miles
About the agent
Burkmars estate agents has been selling property exclusively within the Lymington property market since 1993. Over the years we have gained unrivaled market knowledge and experience focused specifically on Lymington and the surrounding areas of Millford-On-Sea, Sway, Everton and Barton-On-Sea.
And we do everything in our power to ensure your property is exposed to the widest pool of potential buyers, so you get the best result when sel
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Disclaimer - Property reference BEA210151. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Burkmars Estate Agents, Lymington. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Burkmars Estate Agents, Lymington on 01592 307053.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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