2A, 2B & 3 Peacock Passage, High Street, Shrewsbury, Shropshire, SY1 1SX

Ref: Lot 258

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Town & Country Property Auctions Cheshire, Shropshire & Staffordshire
Town & Country Property Auctions Cheshire, Shropshire & Staffordshire

Unconditional (Buyer's Premium)


UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 3%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Description

A rare investment opportunity to purchase 3 apartments within a Grade II listed building, situated in the heart of Shrewsbury centre. Apartment 3 provides 2 bedrooms, Living Room/Kitchen and Bathroom arranged over 2 levels. Apartment 2a is on the first floor and provides: Hall, Living Room, Bedroom, Shower Room. Apartment 2B is on the second floor and comprises: Large Living Room/Kitchen, Spacious Bedroom, Bathroom. Apartment 2a and 3 are vacant and apartment 2b is tenanted. Potential Yield of c10%.

Accommodation comprises:

Apartment 3 - Ground Floor
Personal entrance door leads to

Open Plan Living Room/Kitchen 22' 4'' x 15' 4'' (6.80m x 4.67m)
Living Area has wooden floor, wall and ceiling lights, large built in shelved cupboard, large window to the front, panel heater, 2 staircases providing individual access to each Bedroom. The Kitchen Area is fitted with range of units, work tops with inset sink unit, integrated electric oven, 4 ring electric hob with splash back and filter hood, large window to the front.

Bathroom 8' 4'' x 6' 3'' (2.54m x 1.90m)
Fitted with white 3 piece suite including bath with tiled walls around, wall mounted electric shower unit, wash basin with tiled splash, WC, storage heater, built in airing cupboard and storage cupboard.

Bedroom 1 - Basement 13' 0'' x 10' 2'' (3.96m x 3.10m)
Range of built in storage cupboard with shelves, dressing table and display niches, electric panel heater, exposed ceiling timber.

Bedroom 2 - Basement 12' 7'' x 8' 0'' (3.83m x 2.44m)
Open wardrobe recess and shelving, wall mounted electric panel heater.

3 Peacock Passage has its own separate entrance. To the side of No 3 is a blue wooden entrance door provides access to communal staircase which accesses both Apartments 2a and 2b. From Communal First Floor Landing access to Apartments 2a and 2b.

Apartment 2a - First Floor
Entrance door leads to

'L' Shaped Entrance Hall
Large built in storage cupboard.

Living Room/Kitchen 17' 0'' x 10' 10'' (5.18m x 3.30m)
Living Area is carpeted. Exposed wall timber, wall mounted electric heater, window to the front. Kitchen Area has vinyl flooring, fitted with white painted base and eye level units, laminated work tops, inset sink unit, space for appliances.

Bedroom 9' 5'' x 8' 1'' min (2.87m x 2.46m)
Window to the front, wall mounted electric heater, recess ideal for wardrobe.

Shower Room
Fitted with 3 piece suite including corner tiled shower cubicle with electric shower, wash basin with tiled splash, WC, extractor fan.

Apartment 2b - Second Floor
From First Floor Communal Landing door to staircase with exposed timber frame and 2 windows.

Living Room/Kitchen 18' 2'' x 17' 3'' (5.53m x 5.25m) max
Wealth of exposed timbers. Kitchen Area is fitted with cream fronted units, work tops, inset sink unit, built in airing cupboard, storage heater, window to the front.

Bedroom 17' 3'' x 10' 0'' min (5.25m x 3.05m)
Good sized double room with storage heater, front and rear windows, open wardrobe with hanging and shelving.

Bathroom
Fitted with 3 piece suite including bath with 3/4 tiled wall around and electric shower unit over, wash basin with tiled splash, WC, extractor fan.

Agents' Note
The 3 apartments are being sold collectively, however, please be aware for mortgage purposes that each apartment has its own title deeds.

Buyers Premium

* Plus 3% Buyers Premium plus VAT

Pre Auction Offers Are Considered

The seller of this property may consider a pre-auction offer prior to the auction date.  All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit.  To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.  To find out more information or to make a pre-auction offer please contact us.

Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Key Feature 1

APARTMENTS 2A, 2B & 3 PEACOCK PASSAGE- LEASEHOLD AND FREEHOLD TITLE

Key Feature 2

FOR SALE BY ONLINE PUBLIC AUCTION

Key Feature 3

RARE INVESTMENT OPPORTUNITY


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance 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. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.

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