Lea Bridge Road, London, E17 Property for sale

This property is for sale by the Modern Method of Auction.

Excellent opportunity to purchase this freehold end of terrace commercial unit which may offer further development potential subject to planning permission and the usual consents Sold with no onward chain and on a freehold basis. There is a lower shop area with outside space to the rear and a split level flat above which is spread over the ground, first and second floors. Viewings via pre-booked appointments so please call our sales team today to book yours to avoid any disappointment.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

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 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 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. Buyers will be required to go through an

identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The

documents may not tell you everything you need to know about the property, so you are required to complete your

own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are

also contained within this pack.

The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.