3 bedroom Mixed Use in Oswestry

19-21 Beatrice Street, Oswestry, Shropshire SY11 1QE
  • Lot No: 167
  • Property Type: Mixed Use
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £95,000+ plus fees

Result Sold Prior to Auction

Property Description

The property comprises a mixed use mid-terraced three storey, brick-built building surmounted by a pitched roof formerly trading as the Great Wall restaurant/ takeaway. Benefitting from separate residential entrance and separate storage facility to the rear that could be potentially converted into further residential accommodation, subject to appropriate planning or let to a separate tenant. The building appears to have originally been two units split into one and could potentially be split back.

Ground Floor

The ground floor accommodation is accessed off Beatrice Street and comprises a serving area fully fitted out with deep fryers (not tested) for fish and chips and extends approximately 110 sq ft to the right side of the building. Beyond this area is seating area with 30 covers extending approximately 300 sq ft on the left-hand side of the building.<br><br>To the rear is a food preparation area with commercial extraction system and large range cooker (both not tested) extending approximately 130sq ft.


First Floor

The first-floor accommodation is accessed from an alleyway running from Beatrice Street with stairs leading up to a residential entrance. The First floor comprises kitchen (170 sq ft), lounge (220 sq ft), hallway and wc with stairs leading to second floor, comprising bedroom one with en suite (242sq ft), bedroom two (88 sq ft), bedroom three (135 sq ft) and landing.


Rear of Building

The rear of the building there is access to the first floor and an alleyway leading back to Beatrice Street. There is also a separate single storey building which is currently configured as further storage and is split into three areas. The first extends 130 sq ft and leads to pantry with walk in fridge extending 70sq ft beyond which is a third area extending 252 sq ft with separate access leading to an adjoining alley way with the neighbour.


Value Added Tax

We are advised that VAT will not be chargeable on this transaction.


Note

The vendor has advised all the equipment and furniture will remain.


Location

The property is located along Beatrice Street, Oswestry benefitting from a prime location within a vibrant street of mainly local retailers and within an area in need of more residential housing stock and demand for vacant units.


Viewings

Strictly by appointment via Auctioneers.


Tenure

Freehold


Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. 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 auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s 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 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.