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House For Sale £45,000
Corporation Road, Grimsby DN31


Description
*** for sale by modern auction ***
attention investors! A great opportunity to purchase a commercial shop with a 3 bedroom, residential flat to the first floor that currently has a long term tenant that wishes to stay at as part of the transaction. Located on Corporation Road which is an established residential area and is convenient for amenities, transport links and schooling. Offered to market with no forward chain and a very attractive starting price-point to reflect the scheme of refurbishment needed. The property is comprised of a shop unit to the ground floor that has a main sales area and a back/rear storage area. Accessed via the rear of the property is a 3 bedroom, duplex apartment that has the living room, kitchen, utility and W.C to the ground floor. To the first floor is a landing area that serves the 3 good-sized bedrooms and the bathroom.
Externally the property is served by a rear garden that is low-maintenance.

Location

Corporation Road is located on the north side of Grimsby, an established residential position that is only a stones throw from the town centre and also the A180 motorway. Grimsby is a large town and sea port located in North East Lincolnshire on the south bank of the Humber estuary and in close proximity to the Lincolnshire Wolds which is an area of outstanding natural beauty. Boasting transport links to the A180, A46 and A16 and with direct rail links to Lincoln, Doncaster, Sheffield and Manchester. It benefits from being located only 14 miles away from Humberside airport. The town is served by a plethora of major retailers in the Freshney Place indoor shopping area which recently ranked in the top 10 town shopping centres in the UK. There are numerous retail parks which are within close proximity to the town centre providing further retail. Education is well catered for with numerous primary and secondary schools and also higher education establishments such as The Grimsby Institute and Franklin College. Grimsby is only a short distance away from the seaside resort of Cleethorpes with its vibrant nightlife, cafe culture and numerous attractions.

For Sale By Modern Auction

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Shop Front (4.47m x 4.52m)

Shop Rear (3.48m x 2.90m)

Hallway (2.90m x 4.67m)

Living Room (2.90m x 4.67m)

Kitchen (2.59m x 2.90m)

First Floor Landing

Bedroom 1 (4.52m x 4.34m)

Bedroom 2 (2.90m x 3.51m)

Bathroom (1.96m x 1.73m)

Bedroom 3 (2.62m x 2.90m)

Rear Garden

Important Note To Potential Purchasers:

We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

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