47 Southgate | Sleaford NG34 7SY
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47 Southgate
Sleaford NG34 7SY
Retail Property For Sale
Investment Highlights
- Prime Town Centre Retail Premises
- Sleaford is a popular market town situated at the junction of the A15 and A17, linking the town to the A1 at Newark (approx. 17 miles)
- . The Property comprises an attached three storey retail premises that extends to over 422.9 sqm (4,553 sqft)
Executive Summary
For Sale with Vacant Possession. Guide Price: £160,000
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability
PROPERTY FACTS Sale Pending
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Retail
Building Size
4,553 SF
Year Built
1900
Price
£160,000
Price Per SF
£35
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
3
Building FAR
1.16
Lot Size
0.09 AC
Frontage
34 ft on South Gate
Amenities
- EPC - B
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