9 bedroom Commercial Property in Wallasey

212 Seabank Road, Wallasey CH45 5AQ
  • Lot No: 111
  • Property Type: Commercial Property
  • Contract Type: Unconditional with Variable Fee

Guide Price* £410,000+ plus fees

Result Sold Prior to Auction

Property Description

DRAFT DETAILS: Looking to invest in one of the UK Property hot spots New Brighton - Wallasey? Then you need to take a look at this block of recently converted apartments, with property prices increasing in New Brighton by 15% in the last year. With the average apartment selling for £131,375 (data taken from Rightmove). You can clearly see why this lot is a great investment, situated a 9-minute walk from the New Brighton promenade, you can have the sand at your feet in minutes. New Brighton has been transformed over the years, with Marine point becoming home to well-known brands such as Costa, Morrisons, Home and Bargains, Travel lodge, Starbucks, The Light Cinema. With lots of bars and restaurants in the increasingly popular Victoria quarter. New Brighton definitely has it all. The property is a substantial detached property on a large plot, currently fully tenanted and recently refurbished. Rental £2,900 a month: Flat 1 - £525 pcm Flat 2 - £625 pcm Flat 3 - £625 pcm Flat 4 - £625 pcm Flat 5 - £500 pcm

Flat 1

Property type Ground-floor flat <br>Total floor area 50 square metres


Flat 2

Property type Ground-floor flat Total floor area 47 square metres


Flat 3

Property type mid-floor flat <br>Total floor area 47 square metres


Flat 4

Property type mid-floor flat <br>Total floor area 53 square metres


Third Floor Flat

Property type Top-floor flat <br>Total floor area 82 square metres


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 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. Properties located in Scotland will be subject to applicable Scottish law. 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, 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.

Auction Details

Date 28th April 2022

Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

212 Seabank Road, Wallasey CH45 5AQ