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Lot 3 Sold: £498,000

37 Blue Boar Row, Salisbury, Wiltshire SP1 1DA

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Lot 3   Click here for addendum

Freehold Commercial/Residential Investment – Gross Yield 8.5%
By order of Executors
6 Week Completion

Situation

Occupying a prominent trading position within the heart of the City Centre, close to the junction with Castle Street, facing the Market Place, adjacent to Lloyds Bank and amongst such multiples as Martins, Timpson, HSBC, Tesco Metro, Pizza Express, Ryman, Tiger, NatWest Bank, and a host of independent retailers and restaurants.
Salisbury is a picturesque Cathedral City lying approximately 18 miles north-west of Southampton with good road access via the A30, A36, A303 and A338.

Property

An attractive Grade II Listed terraced building comprising a Ground Floor Shop with separate front entrance to 3 Self-Contained Flats at first, second & third floor level.

VAT is NOT applicable to this Lot

FREEHOLD


Note: The Vendor converted the upper floors in 2016 from Offices to 3 Flats at a cost of around £175,000. They have subsequently spent a further £30,000 on external works to the roof and main structure.

Enquire about this lot:

Photo of Jonathan Ross

Jonathan Ross
020 8492 9449
jross@barnettross.co.uk

Photo of Steven Grossman

Steven Grossman
020 8492 9449
sgrossman@barnettross.co.uk

JOINT AUCTIONEER:
Wooley & Wallis
Tel: 01722 330 333   Ref: Megan Casebow
m.casebow@w-w.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.