Being Sold via Secure Sale online bidding. Terms & Conditions apply.
Guide price £180,000
CROSS STREET SALON – COMMERCIAL PROPERTY FOR SALE BY MODERN AUCTION
An exceptional opportunity to acquire a substantial commercial property positioned on a busy central street in Preston. Currently operating as a well-established hair salon, this versatile premises offers generous square footage and significant potential for a variety of uses, including alternative commercial ventures or conversion back to residential properties (planning pre approved).
The ground floor is well laid out and comprises a large open-plan, multi-area salon space, complemented by a second reception room, a dedicated waiting area, WC facilities, cloakroom, and a useful storeroom. Access to the upper floor is also provided from this level.
To the first floor, the property continues to impress with two sizeable reception rooms, a fitted kitchen, and a spacious staff room, offering excellent flexibility for reconfiguration or further development.
Externally, the property benefits from a highly desirable location on a busy street within Preston city centre, ensuring strong footfall and visibility. To the rear, there is private parking for up to five vehicles - a rare and valuable feature in such a central location.
This is a fantastic investment or owner-occupier opportunity with scope to add value and tailor the space to a wide range of uses.
Additional Information
Business Rates - tbc
Tenure - tbc
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’, and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
