A fully let mixed use commercial / residential investment producing £25,200 per annum comprising a detached building which is currently operating as a well established Fish & Chip Shop which has been trading as such since 1914 and was featured in the 1969 Film 'Kes'. The Fish and Chip Shop which is approx. 629 Sq Ft (58.51 Sq M) is subject to a 9 year Lease which produces £7,800 per annum. There is also a First Floor residential element to the sale which comprises a three room HMO which is fully let subject to AST's and producing £16,200 per annum. There is also a further detached two story lock up store / Workshop which is let on and informal basis and produces £1,200 per annum, however vacant possession could be provided upon completion. The Commercial Fish and Chip Shop comprises a front counter / sales area with prep areas and store. The residential HMO comprises a ground floor kitchen / living room and communal area with three first floor rooms, bathroom and W.C. The separate Workshop / Lockup is brick build with a pitch tiled roof and provides open storage on ground and first floor.

Auction Details

The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 2.4% of the purchase price (subject to a minimum of £3,000 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price 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. A full definition can be found within the Buyers Terms.