Land For Sale £250,000
For sale by online auction – 6 weeks’ completion - A vacant mixed use commercial property in a popular location comprising, ground floor retail unit and a self-contained first floor maisonette. The property requires extensive renovation and benefits from permitted change of use to form two 1 bedroom flats on the ground floor and a first floor 2 bedroom duplex flat. Cash buyers or commercial loans only.
Auction Date
To be sold by online auction on Friday 26th August 2022, bidding will open at 10.00.
To View
The site can be viewed at any reasonable time. Please take care to respect the privacy of the neighbours and park responsibly.
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Location
Close to local shops and amenities * Good access to Reading town centre * M4 access at junction 12 * Rail service to London Paddington from Theale and Reading station
Description
* Mixed use commercial unit * Planning permitted to residential * Two new 1 bedroom flats
Accommodation
Comprises:
Ground Floor
Open plan retail unit measuring approximately
First Floor
Living room, kitchen, bedroom, bathroom
Second Floor
Bedroom
EPC Rating
First floor flat - D
Planning
Permission was granted by Reading Borough Council on 15 November 2021 for Change of use of Ground Floor from Class E (Commercial, Business and Service) to C3 (dwelling houses) to comprise 2 no. 1-bed flats. Application No: 211401
Tenure
Freehold with vacant possession
Council Tax Band
A - Reading Borough Council
Please Note
All plans are strictly for identification purposes only and should not be relied upon. Please refer to the legal pack for the Land Registry plan of each lot. Any plans are reproduced from Ordnance Survey maps with kind permission of the Controller of Her Majesty’s Stationery Office @ Crown copyright. All rights reserved, Licence no:
Legal Pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor’s solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.
Guide Prices
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.
Additional Fees
A buyers charge of £1,200 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
Auction Date
To be sold by online auction on Friday 26th August 2022, bidding will open at 10.00.
To View
The site can be viewed at any reasonable time. Please take care to respect the privacy of the neighbours and park responsibly.
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Location
Close to local shops and amenities * Good access to Reading town centre * M4 access at junction 12 * Rail service to London Paddington from Theale and Reading station
Description
* Mixed use commercial unit * Planning permitted to residential * Two new 1 bedroom flats
Accommodation
Comprises:
Ground Floor
Open plan retail unit measuring approximately
First Floor
Living room, kitchen, bedroom, bathroom
Second Floor
Bedroom
EPC Rating
First floor flat - D
Planning
Permission was granted by Reading Borough Council on 15 November 2021 for Change of use of Ground Floor from Class E (Commercial, Business and Service) to C3 (dwelling houses) to comprise 2 no. 1-bed flats. Application No: 211401
Tenure
Freehold with vacant possession
Council Tax Band
A - Reading Borough Council
Please Note
All plans are strictly for identification purposes only and should not be relied upon. Please refer to the legal pack for the Land Registry plan of each lot. Any plans are reproduced from Ordnance Survey maps with kind permission of the Controller of Her Majesty’s Stationery Office @ Crown copyright. All rights reserved, Licence no:
Legal Pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor’s solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.
Guide Prices
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.
Additional Fees
A buyers charge of £1,200 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
