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Alexandra Road, Grimsby, N.E Lincolnshire, DN31

Description

DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £31,500 plus reservation fee.

A great opportunity for an investor or business person to purchase this two storey detached commercial freehold property situated just a stones throw from the town centre.

Situated to the rear of 38a Alexandra road this former coach house has had a variety of uses in the past and the current owners believe it was once even part of a former butchers shop.
This charming property is close to on street parking locally and is currently trading as a shop selling retro and vintage goods as well as records and rare vinyls.

The property briefly comprises main retail area with small WC leading off which also has a sink. There is a bespoke staircase then leading into further spacious retail space above.
The property benefits from window grills and a large security door as well as a water heater.
There is also a raised wooden floor as well as a counter space and further storage areas.
This is an ideal opportunity to purchase a detached commercial property situated close to the town centre.

This property is for sale by DDM Property Auction powered by iam-sold Ltd.

Auctioneer 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 buyer’s 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 4.5% 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 the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

TO VIEW OR MAKE A BID – Contact DDM Residential on or visit:

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Particulars

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Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: TBC

Alexandra Road, Grimsby, N.E Lincolnshire, DN31

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Grimsby Town Station0.3 miles
  • Grimsby Docks Station0.6 miles
  • New Clee Station1.2 miles
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About the agent

DDM Residential, Grimsby

Osborne Chambers 25 Osborne Street, Grimsby, DN31 1EY

DDM Residential, Grimsby
DDM Residential - The Grimsby Branch

We are the largest independent estate agency in the region for a reason..

Established in 1889, DDM Residential specialises in house sales across the property spectrum ranging from small terraced homes, apartments, new builds and plots of land right through to traditional houses and 'Premier Homes'.

Selling or buying, you are more than likely to be involved in one of the biggest events of your life. Therefore, it is not too much

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Disclaimer - Property reference GRS240094. 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 DDM Residential, Grimsby. 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 DDM Residential, Grimsby on 01472 404591.

*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.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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