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Guide Price: £195,000.00

Traditional Auction

6 Queen Street , , Lymington , SO41 9NH

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AUCTION SOLD

Lot Number: 54557191

Property ID: 15992475

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

Guide Price

£195,000.00

Method of Auction

Traditional

Property Type

Commercial

Number Of Beds

1

Tenure

Freehold Property

Address

6 Queen Street

Key Features

Ground floor lock up shop with a residential maisonette
Auction pack available on request
Auction date 8th December 2021
Guide Price £195,000-£210,000
Buyers fee applies

Description

** For sale by online auction **
Guide price: £195,000 - £210,000

A ground floor lock up shop with a residential one bedroom maisonette above. In need of extensive renovation but offering good potential. Situated in a central location close to Waitrose and M & S food hall, at one end of Lymington's fine High Street.

The premises comprise a ground floor shop unit and a one bedroom maisonette above with outside terrace and store room. The whole property is in disrepair and in need of renovation.

Use - from 1 September 2020 This shop premises current user class is 'Sui Generis' 'Sui generis' is a Latin term that, in this context, means ‘in a class of its own’. Certain uses are specifically defined and excluded from classification by legislation, and therefore become ‘sui generis’ this includes:- Hot food takeaways (for the sale of hot food where consumption of that food is mostly undertaken off the premises) , ( previously known as user Class A5 )

Auction
* Buyers fee applies
* Auction pack available on request
* Auction date 8th December 2021
* Guide Price £195,000-£210,000

This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE ASKING PRICE. Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the ‘legal pack’, if you choose to bid on the property you will be required to complete further identity checks for anti-money laundering purposes and provide card details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller’s minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above a single figure guide price or if a guide price bracket is quoted the reserve will fall somewhere within those figures.

Shop - Rateable Value £6,400 (Rate Relief may Apply)
Flat - Council Tax Band A

Lymington offers an extensive range of shops from large household names such as M&S Simply Food and WH Smiths to independent boutiques, coffee shops, restaurants, pubs and tea rooms. There are also a variety of hair salons and beauticians to choose from. Saturdays provide a vibrant atmosphere throughout the town as the market attracts many locals and visitors from throughout the forest and beyond. Lymington is the ideal location for those who enjoy water sports with two marinas and sailing clubs holding access to the Solent and a short drive away from beaches.

Lymington was named by the Daily Telegraph as the eighth best coastal town in Britain 2014. “You’ve got the New Forest, unspoilt coastline, it’s a sailing hub and you can still get to London easily,’’ A pretty Georgian coastal town, Lymington benefits from good schools, boutique shops and Saturday street market.

Being so close to the New Forest it also offers the perfect location for those who enjoy horse riding, walking and cycling. The town offers a nine-hole golf course, rowing club, community centre, library, small cinema, bowls club and tennis club. Lymington Recreation Centre offers an indoor 25m swimming pool and many fitness classes, whilst during the summer months there is an outdoor seawater baths next to the River with a hundred years of heritage. There is also a Cricket Club, Football and Rugby Clubs, Skateboard Park and children's play areas.

From a more practical view Lymington also offers churches of all faiths, infant, junior and secondary schools all within walking distance of the town.

Property Brochure

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Property Auction Pack

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EPC

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Floor Plan

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**These particulars are produced by the advertising agent and not
verified by Whoobid, they are believed to be correct but their accuracy
cannot be guaranteed and they do not constitute an offer or form part of
any contract.**

Map Location

Property Location

Address: SO41 9NH

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Agent's Information

Name: Whoobid Auctioneers

Address: LONDON, Dorset, EC1V 2NX

Telephone Number: 01202 137200

Email: djacobs@whoobid.co.uk

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