Call 0800 038 5996

Guide Price: £290,000.00

Modern Method of Auction

1 Carbery Row , Southbourne Road , Bournemouth , BH6 3QR

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AUCTION SOLD

Lot Number: 25061475

Property ID: 21394692

MK Iford

tayo@mkestates.co.uk

01202611270

Guide Price

£290,000.00

Method of Auction

Modern

Property Type

Commercial

Number Of Beds

3

Tenure

Freehold Property

Address

1 Carbery Row

Key Features

*For Sale By Online Auction On the 14th of January 2022*
*Freehold Mixed Use*
*Ground Floor Commercial Unit & 3 Bedroom Residential Flat Above*
*Flat Perfect For Holiday Lets*
*Great Investment Opportunity*
*Popular Southbourne Location*
*0.4 Miles From Southbourne Beach*
*Total Size 1182 SQ FT Approx*

Description

***For Sale By Online Auction On the 14th of January 2022***

MK Estates are delighted to offer for sale via auction this freehold investment opportunity.

The property is on one freehold title and comprises of a ground floor commercial premises and a three-bedroom maisonette.

The property is situated just off of the popular Southbourne Grove which currently has a range of independent cafes, shops and restaurants and is in an extremely sought after location. Southbourne beach is less than a quarter of a mile away.

The property provides the following:

Shop - The Ground floor shop is currently let on a seven-year lease from 12th November 2021 at a rental of £8800 per annum with a review in place at year three. The shop also comes with one parking space.

Flat - The maisonette is currently arranged as a 3 bed, rented on a short term basis on a periodic tenancy at the rental of £7200 per annum.

This great investment purchase has scope for increased potential, possible re-development (STP), holiday rentals and further opportunities.

Legal pack available upon request.

Viewings by arrangement with MK Estates.

Viewing times:

1.12.21 12:00pm – 2:00pm

4.12.21 11:30am – 12:45pm

8.12.21 12:00pm – 2:00pm

4.12.21 11:30am – 12:45pm



AUCTION

This property is offered for sale by the ‘modern method of auction’ through an 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 winning bidder, assuming the reserve is met, is granted exclusivity of the property at the winning bid price for 28 days in which they must exchange or the vendor is free to remarket the property and the reservation fee will not be returned. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. 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, provide card and solicitors 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.



Consumer Protection from Unfair Trading Regulations 2008. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.

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: BH6 3QR

Agent's Information

Name: MK Iford

Address: Bournemouth, Dorset, BH7 6SH

Telephone Number: 01202611270

Email: tayo@mkestates.co.uk

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