*Please note this property is subject to a reserve price which is generally no more than 10% higher than the starting bid, both the starting bid and reserve price can be subject to change. T&C's apply to the online Modern Method of Auction, which is powered by Advanced Property Auctions.
Silver Street, Halifax, West Yorkshire, HX1 1HS
0 Bedroom Commercial Property
(Reservation Fee Applies - Read More)
Auction from: 12/07/2023 12:00am - to - 31/12/2023 12:00am
Initial Price: £260,000
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WW Estate Agents
01274 627444359- 361 Idle Road ,
FOR SALE BY MODERN METHOD OF AUCTION WITH ADVANCED PROPERTY AUCTION.......STARTING PRICE £260,000 PLUS RESERVATION FEE'S APPLY
INVESTMENT LANDLORDS OR YOUR OWN BUSINESS VENTURE ** POTENTIAL FOR FURTHER INCOME WITH CURRENT TENANT PAYING £5,500 PA FOR THE GROUND FLOOR RETAIL UNIT AND THE SECOND FLOOR OFFICE SPACE CURRENTLY PAYING £3,600 P.A. HUGE POTENTIAL TO INCREASE RENTAL INCOME FROM 3 FURTHER UNITS ** FOR SALE BY MODERN METHOD OF AUCTION WITH ADVANCED PROPERTY AUCTION ** STARTING BIDS £275,000 ** FEES APPLY **
Starting Bid and Reserve Price
This property is for sale by the online Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction allows the purchaser 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the sale and takes the property off the market. Fees paid to the Auctioneer are in addition to the price agreed. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to a reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. T&C'S apply to the online Modern Method of Auction, which is operated and powered by Advanced Property Auction.
Energy Performance Certificate (EPCs)
Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property.