Cambridgeshire, PE2 9AG

FULL VIDEO / LIVE TOUR AVAILABLE FOR THIS PROPERTY* Contact Ben Symonds on: or TO FIND OUT MORE**

VIEWINGS AVAILABLE VIA VIDEO / LIVE TOUR.

Property Details:

COMMERCIAL PROPERTY

Situated within walking distance to the City Centre this is a fantastic investment opportunity! Currently operating as a successful Social Club with a twobedroom flat above which is occupied by the owner, this building/business has superb potential for any new owner.

We have been advised by the owner that the second floor has had planning approval for a further flat.

With the building covering around 6000 sq. ft (Vendors measurements) it also has potential for a residential conversion with scope to add further floors (STP).

The building is walking distance to the city centre, train station and other local amenities. Its also a short walk to the new FLETTON QUAYS development and will be walking distance to the proposed Peterborough University. (Plans for this can be found online)

GROUND FLOOR

Currently operating as Social Club (Ebeneezers). Function room, snooker room, WCs, two bar areas, kitchen, store room and large floor space.

FIRST FLOOR

Two bedroom apartment. Approx. 900 - 1000 sq ft (vendors measurements).

SECOND FLOOR

Vacant space.

OUTSIDE

Space for parking to the front and side. Multiple entrance doors to building.

AUCTION INFORMATION

For sale by auction on Thursday 28th May 2020

At National Property Auction, The auction will be conducted by our auctioneer, Andrew Parker, behind closed doors and broadcast live online with remote bidding only. Please visit the homepage of our website to submit a bid.,

Commencing at 10:30 am.

Social Club with two bedroomed flat above

A Social club with two bedroomed flat above situated within walking distance to the City Centre.

Currently operating as a successful Social Club with a two bedroomed flat above which is occupied by the owner, this building/business has superb potential for any new owner.

We have been advised by the owner that the second floor has had planning approval for a further flat.

We have been informed by the vendors that the building covers around 6000 sq ft. We believe there is potential for a residential conversion with scope to add further floors, subject to obtaining the relevant planning consents.

Tenure

Freehold

Viewing Details

We are unable to carry out viewings at this time, however, we will be sourcing videos tours wherever possible.

Legal Pack

The legal pack will be available to download from our website (under the Lot Information section) prior to the auction and the buyer shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective buyers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The buyer will also be deemed to have read and understood the Buyers Terms printed within the sale catalogue and available under the Lot Information section of our website.

*Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. A full definition of the Guide Price and the Reserve Price can be found in the Buyers Terms.

Energy Performance Certificates

EPCs can be viewed in full in the legal pack or from the lot information section of our website.

Auction Type: Conditional with Reservation Fee

On the fall of the hammer the highest bidder will enter into a reservation agreement with the seller and will have 40 business days within which to exchange and complete. If you fail to do so, you may lose your reservation fee. During the 40 business day reservation period, the seller is not able to accept other offers.

Prospective buyers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how the reservation fee will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available, please see sdlauctions.co.uk/buy-property/telephone-proxy-internet-bidding/

Auction Fees

The sale of this lot is subject to a reservation fee of 4.8% including VAT or 4.2% including VAT in London, subject to a minimum of £6,000 including VAT. This does not contribute towards the purchase price and is payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the Lot Information section, or to find out more about any additional fees associated with this property please contact the auction office.

Full terms and conditions are available on the SDL Auctions website - sdlauctions.co.uk/wp-content/uploads/2019/04/SDL-Auctions_buyer-terms.pdf

Disclaimer:

These particulars, whilst believed to be accurate are set out as a general guideline 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. Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore, if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Photographs are reproduced general information and it must not be inferred that any item within the photographs are included for sale with the property.