Freehold Investment Opportunity for Sale via Online Auction
This exciting freehold property presents a fantastic investment opportunity. The building consists of a well-positioned commercial unit on the ground floor, with a spacious and self-contained two-bedroom flat above.
The flat offers two generously sized double bedrooms, a fully equipped kitchen, and a bright and welcoming reception room, providing a comfortable living space.
Conveniently situated above the commercial unit, the property enjoys private access and is ideally located near local amenities, shops, and excellent transport links, ensuring easy access to surrounding areas.
Available now via online auction, this is a must-see for investors or those looking for a property with great potential.
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.
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.
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.
AGENT NOTES:
Mobile phone coverage:
EE (likely inside/outside)
Three (limited inside/outside)
O2 (likely inside/outside)
Vodaphone (Likely inside/outside)
(Potential purchasers are advised to seek their own advice as to the suitability of the services and mobile phone coverage, the above is for guidance only.)
Available broadband: Ultrafast Broadband: FTTP / Fibre to the Premises / Full fibre / Gigabit fibre Superfast Broadband: FTTC / Fibre to the Cabinet / Superfast / SoGEA Standard Broadband: ADSL / Asymmetric Digital Subscriber Line / Copper broadband
Networks in your area: Virgin media, Openreach (Information supplied by Ofcom)
Flood Risk: Very low risk river and sea flooding (Information supplied by gov.uk and purchasers are advised to seek their own legal advice)
Local Council: Southwark
Tax Band: C
EPC Rating: ?
Floor plan: Whilst every attempt has been made to ensure accuracy, all measurements are approximate and not to scale. The floor plan is for illustrative purposes only.