The property comprises a ground and lower ground floor commercial unit which has been stripped to shell form to provide a blank canvas. Internally, the space is largely open plan with excellent natural light from windows on all sides of the unit which extends to a total of 860 Sq.M (9,250 Sq.Ft). In particular, the unit has excellent views over the canal basin to the rear. The property has formerly been used a bar/leisure unit, with more recent planning for a 31 bedroom boutique hotel (planning ref 128769/FO/2020). The unit would suit a variety of other uses e.g. retail, office, restaurant etc subject to obtaining any necessary consents. We understand that a material start has been made on site therefore the planning is still live. Interested parties should make their own enquiries with the local authority to confirm that this info is correct.

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 1.8% of the purchase price (subject to a minimum of £2,400 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.