Former retail unit with 2-bedroom flat above
The Old Stores, Pentre, Shrewsbury, SY4 1BT
- 4
Guide Price: *
£265,000
Fees apply
Buyer's fee:£3,600
Admin fee:£900
Legal fee:£420
All fees include VAT at 20%
Holding Deposit: *£1,400
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Highest bid:
£278,000Bid history
2 bidsE
09/10/2023 12:55:25 - £278,000
M
09/10/2023 12:27:11 - £265,000
FOR SALE VIA TRADITIONAL AUCTION
The Old Stores offers buyers plenty of potential. The property has suffered historic subsidence (further details are provided within the auction pack on this) but lends itself to reconfiguration, further renovation, or redevelopment (subject to local planning authority approval). The property is currently in full residential use. On the ground floor there are two large rooms which were formerly retail accommodation. Outside there is a connected building with utility, WC and garage space. On the first floor there is a generously proportioned 2-bedroom flat offering living room, bathroom, separate WC, kitchen and hallway. The flat has both internal and external access and could be selfcontained. Outside there is a tarmac parking area to the frontage, side access and enclosed concrete yard and small garden area at the rear with greenhouse and tool shed. The plot extends to approximately 849 sq m.
Services:
Mains water and electricity connected. Septic tank drainage. Any purchaser should make their own enquiries.
Rights of Way, Easements & Covenants
The property is sold subject to any wayleaves, public rights of way, easements and covenants and all outgoings whether mentioned in these particulars or not. There are no registered public rights of way on the property.
Boundaries, Roads and Fences
The purchaser shall be taken to have full knowledge of the boundaries and neither the Vendor nor the Agents will be responsible for defining any ownership of the boundaries.
Method of Sale
The property will be offered for sale by Public Online Traditional Auction. The Vendor reserves the right to withdraw or alter the property prior to the auction end date. The bidding page can be found at https://berrys.uk.com/online-auctions. In order to bid, click “Register” and then do the following via the Dashboard; Pass the ID check Enter your payment details Enter your solicitor details.
Planning
The land is sold subject to any development plans, tree preservation orders, Town and Country Planning Schedule, restriction or notice which may come into force, subject to any road widening or road improvement schemes, land charges and statutory bylaws, without obligation whether mentioned in these particulars or not.
Flood Risk
The property is within a Medium Risk long term flood risk area (rivers) according to gov.uk. Further details are provided within the auction pack.
Outgoings
Council Tax Band C.
Method of Sale, Tenure & Possession
The land is freehold and is offered for sale by Online Auction (details below). The property is offered with the benefit of vacant possession.
Viewings
Viewings are by appointment only. Please contact the selling agent to arrange.
Vendors Solicitors
Muve Solicitors, Richmond T: 020 3907 4409 E: advance@muve.me.uk (ref: 598301)
Online Auction
The property is offered for sale by Public Online Traditional Auction. The Vendor reserves the right to withdraw or alter the property prior to the auction end date. The bidding page can be found at: https://berrys.uk.com/online-auctions. Please refer to our bidding page for full details and terms and conditions of sale. The deposit will be taken on exchange of contracts with the successful bidder. Unsuccessful bidders will have the deposit sum returned to them within 24 hours of exchange. No interest will accrue on any sum held. Completion is required within 28 days of exchange of contracts.
Auction Legal Pack and Special Conditions of Sale
This will be available to download from our website Online Auctions (berrys.uk.com) free of charge to those who have registered. It is the Purchaser’s responsibility to make all necessary enquiries prior to the auction and we strongly recommend purchasers instruct a solicitor to assist.
Completion Date
Normally up to 28 days or sooner following exchange of contracts.
Buyer's and Administrative Fees:
The successful Purchaser will be required to pay £5,000 on sale. From this a Buyer’s fee of £3,600 inclusive of VAT is retained by Berrys/Bamboo Auctions as a contribution to the online platform costs, and £1,400 forms part of the 10% contract deposit. The purchaser will be required to pay the balance of the 10% contract deposit monies within 24 hours of the auction via their solicitor to the Vendors solicitor. It will be the purchaser’s responsibility to reimburse the vendors costs for the provision of the Legal Pack and the agents additional administration fee as stipulated.
Definition of Auction Guide and Reserve Price
Guide price(s) is an indication of the Seller’s expectations. Reserve price(s) is a figure below which the auctioneer cannot sell the lot at auction. We expect the reserve will be set within the guide range. Guide prices may change at any time prior to the auction.
Anti-Money Laundering Act 2007
Under current Money Laundering Regulations 2007 it is a legal requirement for Estate Agents and Solicitors to perform due diligence checks to any person that intends to bid at auction. There will be a requirement for all bidders to register via the online sale site and complete the ID checks. There is no charge for registration.
General Auction Conditions of Sale
1. The highest bidder shall be the purchaser and if any dispute arises between two or more bidders, the Lot or Lots in question shall be put up again at the last undisputed bidding and resold at the Auctioneer's sole discretion. 2. No bidder shall withdraw his bid. 3. All lots shall be taken to with all their faults or misdescriptions if any and the purchase money shall be paid in full at any time during the progress or at the close of the sale, when demanded by the Auctioneers or their clerk. Under no circumstances will any lot be removed from the place of sale without a Delivery Note from the Auctioneers. 4. The risk in the goods shall pass to the Purchaser on the fall of the hammer, but the equitable and beneficial ownership of the goods shall not pass until payment in full to the Auctioneers by the purchaser of all funds due to the vendor has been made. 5. In these conditions of sale, the words "The Goods" shall be deemed to include all manner of things, living or dead, including livestock offered for sale by the Auctioneer. 6. The purchaser shall pay commission to the Auctioneers at the rate announced at the start of the sale. 7. All lots are to be removed by the time announced by the Auctioneer at the sale. 8. Upon any purchaser failing to comply with these Conditions, the Lot or Lots bought by him shall be resold by Public Auction or Private Treaty, and any expenses incurred, or deficiency arising from such re-sale shall be made good by the defaulter. 9. The Auctioneer reserves, on behalf of both themselves and of the vendor, the right to bid for any Lot or Lots during the sale. 10. In case of any dispute not provided for in the foregoing Conditions the decision of the Auctioneer between purchaser and vendor shall be final and binding on both parties. These Conditions of Sale may vary from sale to sale depending on the circumstances and the revised conditions will be published on the relevant catalogue or announced at the time of Sale.
Summary
- Auction end
- 9th Oct at 13:00
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 2
- Bathrooms
- 1
- Council tax band
- C
Summary
- Auction end
- 9th Oct at 13:00
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 2
- Bathrooms
- 1
- Council tax band
- C
This property is being sold by:

Shrewsbury
01743 271697
Beech House, Anchorage Avenue, Shrewsbury Business Park, Shrewsbury SY2 6FG
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Berrys shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Berrys. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.