Starting Bid, £135,000
Leswalt Store, Leswalt, Nr Stranraer, Dumfries and Galloway
For sale by Modern Method of Auction; Starting Bid Price £135,000 plus Reservation Fee. A fantastic opportunity has arisen to purchase an established convenience store in Stranraer. Being a busy store in a prime main road location the business benefits greatly from an established customer base, the national lottery, pay point and general convenience facilities. This property is for sale by the North West Property Auction powered by iam-sold Ltd.
This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer’s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by the North West Property Auction powered by iam-sold Ltd
Turnover Averaging £255,000
Easily Managed Business
Main Street Location
2 Bed owners accommodation / Currently tenated at £425 pcm
For Sale by Auction – T & C’s apply
Subject to an undisclosed Reserve Price
Reservation Fee applicable
The Modern Method of Auction
Leswalt is a charming village which is situated a few miles from Stranraer in Wigtownshire. The shop is situated in the centre of the village and is a focal point of the local community. The principle town serving the area is Stranraer and here you will find a variety of independent and multiple retailers, restaurants, bars, library, general hospital, primary and secondary schooling, leisure complex and cinema. Stranraer has a marina and there are further plans being considered for a massive redevelopment
of the water front transformed. A railway station at Stranraer Harbour provides connections north to Ayr, Prestwick Airport and Glasgow.
Ayr 55 miles. Prestwick Airport 58 miles. Dumfries 76 miles. Carlisle 110 miles.
DISCLAIMER: Whilst the foregoing particulars are believed to be correct, they are not guaranteed and do not form part of any contract. Prospective purchasers are required to satisfy themselves as to the correctness of the Particulars.