£90,000

St Edward Street, Leek, Staffordshire

Property Description

* Other
FOR SALE BY PUBLIC AUCTION AT LEEK CRICKET CLUB, MACCLESFIELD ROAD, LEEK, STAFFORDSHIRE, ST13 8SG ON WEDNESDAY 14TH MARCH 2018 COMMENCING 7PM - This substantial property is prominently located in what is a well established location, close to the town centre and provides retail premises to the ground floor with two self-contained flats over.

This is a property which could be of special interest to investors and speculators.
General Information

This substantial property is prominently located in what is a well established location, close to the town centre and provides retail premises to the ground floor with two self-contained flats over.

This is a property which could be of special interest to investors and speculators.

Ground Floor Retail Premises

Sales Area 18'2 x 18'9

Office/Kitchen 9'1 x 9'2

Basement

Retail/Storage 15'4 x 12'7

Adjoining Store Room 16'9 x 5'4

Access to the rear leads to:

Self-contained flat 1

Consisting of:-

Entrance Hall

Living Kitchen 19'10 x 10'5

Bedroom 10'4 x 13'3

Bathroom

Bath, wash basin and w.c.

Self-contained second floor flat:-

Consisting of:

Entrance Hall

Living Kitchen

Bedroom

Bathroom

Outside

Rear yard and toilet.

Viewing

Strictly by prior appointment through the Agents.

Tenure

We understand the tenure is freehold.

Buyer's Premium

ALL buyers must pay to the auctioneer immediately after the fall of the hammer the contractual deposit. In addition, the buyer/s will pay an administration fee of £395 plus VAT. Cheques in respect of the administration fee should be made payable to Bury and Hilton Limited. Deposit cheques should be payable to the vendor's solicitors (please note deposit payments cannot be payable by cash or credit card).

Definition of Price Guide

An indication of the sellers 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 provision reserve range is agreed between the seller and 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.

Definition of Reserve Price

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.

Bury & Hilton Limited for themselves and for the vendor or lessor of this property whose agent they are, give notice that:
1. These particulars do not constitute any part of, an offer of a contract;
2. All statements contained in these particulars as to this property are made without
responsibility on the part of Bury & Hilton Limited or the vendor or lessor;
3. None of the statements contained in these particulars as to this property are to be relied
on as statements or representations of fact;
4. Any intending purchaser must satisfy himself by inspection or otherwise as to the
correctness of each of the statements contained in these particulars;
5. The vendor or lessor does not make or give neither Bury & Hilton Limited nor any person in their employment has any authority to make or give, any representation's or warranty whatsoever in relation to this property.
6. Bury & Hilton Ltd operates a Complaints Handling Procedure, a copy of which is available from out Head Office, 6 Market Street, Leek, Staffordshire. ST13 6HZ.