Tenanted Ground Floor (inc Basement) Commercial Unit – Income of £15,000pa

Tenanted Ground Floor (inc Basement) Commercial Unit – Income of £15,000pa & Ground Rents for Upper Floors Auction House North West have not inspected the property but we have been advised, this comprises of a freehold building including ground rents for two apartments located to the upper floors of the building which have been sold off on leases. Bringing in an annual income of £50 for each flat along with a 30% contribution towards the building insurance. With mains electric and gas central heating within the commercial unit, located in Buxton on one of the main shopping streets and local public parking available. For more information relating to this, please refer to the legal pack. Also included to the ground floor and basement level, is a tenanted commercial unit bringing in an income of £15,000pa. For more information relating to the tenancy, please refer to the legal pack. Please be aware that the business is not included within the sale. Tenure: Freehold Title number: DY329878 Council Tax Band: Business Rates Local Authority: High Peak Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Energy Efficiency Rating (EPC)

Current Rating B

Local Authority

High Peak Borough Council

Solicitors

Taylor Emmet Solicitors, Ref: Taylor Emmet Solicitors

Offered in association with

Nina Lubman Estate Agents

Additional Fees

Administration Charge - 2.5% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.