42 Queens Road, Coventry, West Midlands, CV1 3DX

  • Conditional Online Auction Sale
  • Guide Price* : £334,000

FOR SALE BY CONDITIONAL ONLINE AUCTION
On Behalf of Shortland Horne

**‘Please note: Exchange will be within 56 days from the date on the reservation contract and completion within a 124 day period from the date of exchange.’**


  • Commercial Unit 2400sqft
  • Ideal for Residential Conversion - Subject to Relevant Planning Permission
  • In the Heart of Coventry City Centre
  • Parking

Property Description

FOR SALE BY CONDITIONAL ONLINE AUCTION
On Behalf of Shortland Horne

**‘Please note: Exchange will be within 56 days from the date on the reservation contract and completion within a 124 day period from the date of exchange.’**

2400sqft Commercial Unit

Attention Investors! Shortland Horne are pleased to offer this wonderfully sized commercial unit ideal for residential conversion subject to planning permission, with over 2400sqft of living space in the heart of Coventry City Centre. Within walking distance of Coventry train station and Coventry City Centre and has the added benefit of parking to the front and rear of the property. This would be ideal to convert into investment flats or bedsits or to be kept as an existing commercial unit.


Tenure
See Legal Pack

Conditions of Sale

The Conditions of Sale will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.


*Start Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.


Viewing Details

By arrangement with the auctioneer 0345 319 2162 or can be booked online www.sdlauctions.co.uk/online-auctions


Energy Performance Certificates

EPCs can be viewed in full on our website www.sdlauctions.co.uk on the sales details page or in the legal pack.


Conditional Online Auction Procedure

Every online bidder on SDL Auctions must first create an account at www.sdlauctions.co.uk/online-auctions. This is a very quick and simple process. In order to bid, you will need to be authorised for money laundering purposes, this will be carried out at the registration stage. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.

Once you have registered, you will be able to search, download legal documents, arrange site viewings and contact the Auctioneers and the solicitors if you have queries on the property.

If you are the successful bidder, at the end of the specified time period, you’ll enter into a reservation agreement with the seller and have 56 days within which to exchange and complete. If you fail to do so, you may lose your reservation fee. During the 56 day reservation period, the seller is not able to accept other offers.

The sale of each Lot is subject to a reservation fee of 4.8% Inc VAT or 3.5% Inc VAT in London, subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.

We will automatically charge you a minimum fee of £6,000, unless stated otherwise above (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer. This will be specified in the reservation contract.

By placing a bid, you are authorising the auctioneer to sign the reservation agreement on your behalf.

Full terms and conditions are available at www.sdlauctions.co.uk/online-auctions


Joint Agent

Shortland Horne



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Sold for £360,000

This auction lot is now closed.

Auction Ended

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Joint Agent

For viewings please contact:
Shortland Horne
0247 622 2123
sales@shortland-horne.co.uk

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