For sale by Unconditional Online Auction.
A rare opportunity to purchase 8x car parking spaces situated in a highly desirable location within Glasgow City Centre.
The 8 spaces are located on Dalintober Street and surrounded by a mixture of commercial and residential property arranged in both traditional and modern buildings.
The spaces make a great purchase opportunity for a local business to provide extra parking or a superb investment opportunity to let out on an monthly/annual basis.
Estimated rental value could be in the region of £9600 per annum.
Situated close to the River Clyde and the M8 / Kingston Bridge.
Note The Seller has opted to tax. VAT will be chargeable on the Purchase Price unless disapplied by the Seller
Note The Seller will not grant warrandice in the Disposition in favour of the purchaser, and the Disposition will expressly exclude warrandice
Tenure: See Legal Pack
EPC Rating: Exempt
Terms:
Auction Details:
The sale of this property will take place on the stated date by way of Timed Auction and is being sold under and Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
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 (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price:
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
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.