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Special Terms of Sale

• Deposit (?) 5% of Sale Price
• Completion (?) Up to 8 Weeks if required

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Description

• Status: Available
• Type: Commercial

• Ownership: Freehold
• Occupation: Vacant

• Rateable Value: Search

PRIME 2,842sq ft Prime High Street Location on Ground & 1st Floor. Rates Free. ESTIMATED RENTAL VALUE = £14,000p.a.

The property comprises a prominent corner commercial premises over ground and first floors surmounted by a pitched roof overlaid in slate.

The property benefit from a prominent frontage with dual display windows flanking the partially recessed single door entrance.

Internally an open plan retailing area with lighting provided by way of fluorescent strips recessed within the suspended acoustic tile ceiling, with partition erected to the rear t

The upper floor is currently utilised as storage and accessed via a single staircase to the rear of the demise.

Area The property extends to the following floor area; Ground: 86.91sqm (935sq ft) 1st: 177.17sqm (1,907sq ft) Total: 264.08sqm (2,842sq ft) NAV/RV The property has been entered onto the valuation roll with the following NAV/RV £9,900

The property is situated on the south west side of High Street, at its junction with Bridge Street within the town of Wick. Wick is a town in the very north of Scotland, 104 miles (167.4km) north of Inverness with a population of approx. 7,000 people. It is accessible via the A99 or by train from Inverness. There is also a small airport with flights to Edinburgh and Aberdeen. The property is in a good central location on the main retail pitch and surrounding properties include M&Co and Ladbrokes.

Full Address: 55 High Street, Wick, KW1 4NE

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Pricing Information & Bidding

Opening Bid: £25,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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SPECIAL Terms of Sale

• 5% Deposit
• Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
• 8 Weeks Completion Time
• Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

Payment Calculator

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 05 December 2024, 10am-3pm
Type: Timed Online Auction

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