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£550,000

Upholland Motors Back School Lane Upholland, WN8

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£550,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£2,511 per month

Minimum deposit amount:

£27,500
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SOLD VIA SECURE SALE - ONLINE BIDDING

REDUCED - OFFERED FOR SALE WITH STARTING BIDS AT ?550,000 * AUCTION TERMS AND CONDITIONS APPLY AND CAN BE SEEN AT WWW.SIMPLYAUCTION.CO.UK

We are delighted to bring to auction this well known Automotive Garage & business being sold due to retirement. The sale will include the land, buildings and a high value schedule of equipment further details of which can be downloaded in the legal pack for this sale.

The site comprises of two buildings one used for storage and the other housing 3 lifting bays and an office. A further two lifting bays are outside in the car parking area. The site is accessed off the main School Lane.

The site has been operating as an automotive repair garage for around 20 years and holds a good trading record and accounts ( although the owner has been winding down reaching retirement for some time)which can be viewed in our legal pack if required.

The site offers an outstanding opportunity for a new owner to develop the business further or this may have development potential subject to planning permission.

The site is understood to be freehold and a copy of the tilte is available for inspection prior to making a legal commitment to purchase.

NO COLD CALL VISITORS WILL BE ACCEPTED VISITING THE SITE FOR THE PURPOSES OF VIEWING OR DISCUSSING THE SALE - PLEASE RESPECT OUR CLIENTS BUSINESS _ ALL ENQUIRIES AND ARRANGEMENTS MUST BE MADE VIA OUR TEAM.



Business rates exempt
Please see legal pack for title documentation

Summary

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
Full clarification is available upon request or by notification within the legal pack.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. VIEWING THE PROPERTY PRIOR TO BIDDING IS ADVISED.
Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£6,250
Mortgage and legal costs:
£999
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Property details

£550,000

property for sale

Upholland Motors Back School Lane Upholland, WN8
SOLD VIA SECURE SALE - ONLINE BIDDING

REDUCED - OFFERED FOR SALE WITH STARTING BIDS AT ?550,000 * AUCTION TERMS AND CONDITIONS APPLY AND CAN BE SEEN AT WWW.SIMPLYAUCTION.CO.UK

We are delighted to bring to auction this well known Automotive Garage & business being sold due to retirement. The sale will include the land, buildings and a high value schedule of equipment further details of which can be downloaded in the legal pack for this sale.

The site comprises of two buildings one used for storage and the other housing 3 lifting bays and an office. A further two lifting bays are outside in the car parking area. The site is accessed off the main School Lane.

The site has been operating as an automotive repair garage for around 20 years and holds a good trading record and accounts ( although the owner has been winding down reaching retirement for some time)which can be viewed in our legal pack if required.

The site offers an outstanding opportunity for a new owner to develop the business further or this may have development potential subject to planning permission.

The site is understood to be freehold and a copy of the tilte is available for inspection prior to making a legal commitment to purchase.

NO COLD CALL VISITORS WILL BE ACCEPTED VISITING THE SITE FOR THE PURPOSES OF VIEWING OR DISCUSSING THE SALE - PLEASE RESPECT OUR CLIENTS BUSINESS _ ALL ENQUIRIES AND ARRANGEMENTS MUST BE MADE VIA OUR TEAM.



Business rates exempt
Please see legal pack for title documentation

Summary

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
Full clarification is available upon request or by notification within the legal pack.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. VIEWING THE PROPERTY PRIOR TO BIDDING IS ADVISED.
Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.