Property Auctions London, Property Auctioneers London, London Property Auctions, Property Auctions London

Lot 12

Freehold Commercial Investment - 2 Shops & Self-Contained Office

SITUATION

Located within the town centre amongst such other multiple retailers as Costa, Peacocks, Boots Opticians, Nationwide Building Society, Co-op Food, Betfred, M&Co, Clarks and others.
Alton is an attractive market town located approx. 10 miles south of Basingstoke and 8 miles south-west of Farnham with easy access to the A31 which links to the A3 and M3.

PROPERTY

A terraced building comprising:
• 2 Ground Floor Shops
• Front access to Self-Contained Offices on the first and second floors.
• A Single Storey Building to the rear of No. 15a.
• A large Rear Car Park accessed from Drayman's Way, subject to any rights thereover - see legal pack.

VAT is applicable to this Lot

FREEHOLD

Note 1: There may be potential to convert the offices into Residential Use, subject to obtaining possession and the necessary consents.

Note 2: There may be potential for an additional floor above No. 17, subject to obtaining the necessary consents.

Note 3: There is a 6 week completion – see special conditions of sale.

*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.

15a/15b & 17/17a High Street, Alton, Hampshire GU34 1AW