For sale by Unconditional Online Auction.
On behalf of We Can Properties Ltd - Mitcham
Mixed Use Property
DRAFT DETAILS
Commercial restaurant/ takeway on ground floor, flat on first floor located walking distance of central croydon. We are pleased to present this freehold building for sale with commercial restaurant/takeaway on ground floor, basement and conversion flat on first floor located walking distance of central Croydon with its plethora of shops and transport links.
Tenure: Freehold
EPC Rating: E
Terms:
Auction Details:
The sale of this property will take place on the stated date by way of Buy It Now and is being sold as Unconditional with Variable Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.
Immediate Purchase:
The property is available to purchase immediately at the available price listed on the lot.
In some exceptional circumstances there may be a delay in processing your registration. If this delay results in another person placing a successful offer, SDL Property Auctions are not liable to you for any loss of opportunity.
We Can Properties
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.