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Lot 9

Freehold Commercial/Residential Investment – 2 Shops (plus 10 Flats sold-off)
6 Week Completion

Situation

Close to the junction with Lower Road, amongst a variety of independent retailers serving the surrounding residential area. There is a free public car park directly opposite on Mill Lane.
Chinnor is an attractive village, located on the border of the Chilterns (Area of Outstanding Natural Beauty), approximately 8 miles north-west of High Wycombe, 13 miles south-east of Oxford and benefitting from easy access to the M40 (Junction 6).

Property

A substantial detached building comprising a Ground Floor Double Shop plus a Single Shop with separate front and rear entrances to 10 Self-Contained Flats on rear ground and first floor level.
The property benefits from a front drive-in access to rear parking for residents (up to 13 spaces).
The shops benefit from a free public car park directly opposite, on Mill Lane.

VAT is applicable to this Lot

FREEHOLD

Note 1: There may be potential for additional residential development to the rear building at second floor level, subject to planning.

Note 2: In accordance with s.5B of the Landlord and Tenant Act 1987, Notices have Been served on the lessees and they have not reserved their rights of first refusal. Therefore, this lot cannot be sold prior to the auction.

*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.

Nicholls House, 4 Thame Road, Chinnor, Oxfordshire OX39 4QS