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Guide price

£120,000

Retail premises for sale

Church Street, Ruskington, Sleaford NG34

Guide price

£120,000

Retail premises for sale
Church Street, Ruskington, Sleaford NG34

    About this property

    • Investment Opportunity

    • Popular, larger than average village.

    • Work/Live Opportunity

    • Freehold to be sold with Vacant Possession.

    Summary

    For sale via secure sale online bidding - terms and conditions apply

    An excellent opportunity to purchase a Freehold Investment Property located in the centre of the village of Ruskington.

    The ground floor currently comprises a well-established trading hairdressing salon (Business Unaffected) and is currently fully equipped for this use, with items included within the asking price.

    To the first floor, there is a one bedroom flat, currently let on an Assured Shorthold Tenancy Agreement. The property is being offered for sale due to the owner retiring.

    The upstairs flat is rented for 620pcm

    Please note we have not inspected this property.

    Location

    Ruskington is a popular, larger than average village. The larger city of Lincoln is located on the B1188 approximately fourteen miles to the north. The village offers a good range of local amenities to include a Coop Food Store with Post Office and Pharmacy, various Local Shops, Takeaways, Public Houses, Primary and Secondary Schools and a Railway Station on the Sleaford to Lincoln line.

    Accommodation

    Hairdressing front salon - 3.95m x 3.84m (max dimensions)
    Having a large display window to front elevation, entrance door and currently occupied by four chairs.

    Rear salon area
    - 4.79m x 2.30m (max dimensions)

    Two wash basin chairs and two hairdryer seats, with store room off.

    Staff room
    - 4.24m x 2.26m

    With rear entrance door and internal door leading to the first floor flat.

    Kitchen
    - 3.42m x 1.51m

    With fitted base cupboard, work surface, stainless steel sink and eye-level units.

    Cloakroom
    - 1.92m x 0.9m

    With wash basin and WC.
    Outside

    There is a small yard adjacent to the rear of the property, which is shared with the neighbouring properties, over which there is a pedestrian access.

    Accommodation

    First floor flat
    Access to that flat is via an internal door from the Staff Room, with stairs leading to the First Floor Landing.

    Living Kitchen - 3.90m x 3.87m
    Having a range of modern fitted units comprising base cupboards and drawers with work surfaces over, inset stainless steel sink with hot and cold mixer tap. Electric oven and gas hob. There is a uPVC double glazed window to the front elevation and a feature decorative brick-built chimney breast.

    Bedroom - 3.94m x 2.43m
    Having new PVC double glazed window to the front elevation.

    Accommodation

    Bathroom - 2.57m x 2.68m
    Having fitted three piece suite comprising; WC, wash basin and panelled bath. There is a uPVC double glazed window to the rear elevation.

    Services
    Mains water, electricity and gas are connected to the property. Heating to the salon is provided by a wall mounted electric heaters and there is a gas fired central heating system to the first floor flat. The latter is served by a combination boiler located off the Bathroom.

    Hot water to the salon is provided by a hot water cylinder with a timed immersion control.

    Tenure

    Freehold. Title number LL278885

    Rateable Value

    The adopted rateable value is 2,950 as of 1st April 2023. Sourced from voa.

    EPC

    Available upon request ( rating C )

    Additional Information

    For further information please contact our office directly on , or alternatively via e-mail on . With regards to vieing subject property, this is to be done strictly by appointment.

    Auctioneers Additional Comments

    Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

    Auctioneers Additional Comments

    The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

    Auctioneers Additional Comments

    In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

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