Attractive investment opportunity. A former retail premises with shop keepers accommodation above. The property is in need of refurbishment. The ground floor commercial premises benefits from a good size retail floor area which is complemented by living accommodation to the first and second floors.
Available for sale by Public Auction on 20th October 2023 at Halls Holdings House, Bowmen Way, Shrewsbury, SY4 3DR. Viewings commencing on Friday 22nd September 2023 at 11am.

Location - Oswestry is a popular and thriving market town, providing a good range of shopping and leisure facilities, and affording easy access to the A5 trunk road, which gives easy daily travelling to Shrewsbury and Telford to the south, Wrexham, Chester and the Wirral to the Northwest. Shrewsbury and Chester are only a half hour drive away.

Directions - The property is located on the right hand side on Beatrice Street just passed Morrisons petrol station.

The Accommodation -

Front Retail Area - 5.16m x 3.83m (16'11" x 12'6") - Part glazed entrance door and window.

Rear Retail Area - 3.56m x 3.72m (11'8" x 12'2") - Under stairs storage cupboard, access to stairs.

Kitchen Area - 6.11m overall max x 4.51m (20'0" overall max x 14' - Divided into two:-
Sink, worktops and part glazed exterior door.

Store - With access to:-

Wc - With WC.

First Floor Landing - Window to front, under stairs cupboard, stairs to second floor and access to:-

Kitchen - 3.69m x 3.58m (12'1" x 11'8") - Sink unit, sash window to rear, built in cupboard.

Living Room - 3.96m x 3.35m max (12'11" x 10'11" max) - Window to front, former fireplace

Second Floor Landing - With access to:-

Bedroom - 1.79m x 1.90m (5'10" x 6'2") - Window to front .

Bedroom - 3.98m x 3.32m (13'0" x 10'10") - Window to front.

Inner Landing - with airing cupboard and access to:-

Bedroom - 3.62m x 3.33m (11'10" x 10'11") - Window to rear.

Bathroom - 2.32m x 2.53m (7'7" x 8'3") - Window to rear, suite comprises pedestal wash hand basin, WC and bath.

Local Authority And Council Tax - Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury, Shropshire, SY2 6ND

Rateable Value (2022/23) £3,300.00
Tenure - We understand that the property is Freehold although purchasers must make their own enquiries via their solicitor. the property is not registered on Land Registry and the purchasers solicitors will need to register the site following completion.

Viewings - By appointment through the selling agents. Halls, Oswestry Office, TEL[use Contact Agent Button].

How To Make An Offer - If you are interested in buying this property, you have to view. Once you have viewed the property and decided to make an offer please contact the office and one of the team will assist further. We will require evidence of your ability to proceed with the purchase, if the sale is agreed to you. The successful purchaser will be required to produce adequate identification to prove their identity within the terms of the money laundering regulations. Appropriate examples; passport/photographic driving license and a recent utility bill.

Boundaries, Roads And Fences - The Purchaser shall be deemed to have full knowledge of the boundaries and neither the Vendors nor their Agents will be responsible for defining any ownership of boundaries, hedges or fences. They will however provide whatever assistance they can to ascertain the ownership of the same.

Method Of Sale - The property will be offered for sale by Public Auction on Friday 20th October 2023 at Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury, SY4 3DR at 3pm. The Auctioneers, as agents, on behalf of the vendors, reserve the right to alter, divide, amalgamate or withdraw any of the property for sale at any time. The Auctioneers, further, reserve the right to sell the property privately, prior to auction without prior notice or explanation and no liability will be accepted to any intending purchaser in consequence of such a decision.

Buyers Premium - In addition to the contract deposit required, buyers should note when bidding, that on the fall of the gavel, they will be responsible for paying a Buyers Premium as noted on individual lots. This is additional to the purchase price and set at 2.5% plus VAT, ie (3%) on the "hammer price", subject to a minimum fee of £1,950 plus VAT (£2,340). This fee will apply whether the lot is purchased before, at or after the auction.

Guide Price/Reserve - Guides are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a RESERVE (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Money Laundering Regulations - PLEASE NOTE that any person buying or bidding at auction MUST produce TWO forms of identification documentation. One to confirm their name and residential address, i.e, utility bill or bank statement and one photo ID, i.e, passport or driving licence. We will be unable to accept your bid unless you have registered with us and produced suitable ID.

Auction/Legal Pack - A legal pack will be prepared by the Solicitor in advance of the auction. A copy can be requested from the Selling Agent (see Conditions of Sale below).

Conditions Of Sale - Please note that the property is sold in accordance with the Common Auction Conditions (4th Edition, March 2018) (a copy of which is included with the Legal Pack). Special Conditions of Sale relating to each lot are available upon request from the Auctioneers or the Vendors Solicitor prior to the auction. The contract and special conditions of sale will not be read out by the auctioneers at the auction, but will be available for inspection at the auctioneer's offices or the vendors solicitors for a period before the auction date. Purchasers will be deemed to have inspected these Special Conditions of Sale and will be legally bound by these conditions which will form part of and will be attached to the Sale Memorandum.