The subject property/site is under the buyerâ€™s premium section of the auction, this means a successful buyer shall pay a premium of 5% of the final agreed purchase price plus VAT, subject to a minimum fee of £5,000 plus VAT to Keith Pattinson Ltd on acceptance of an offer. This fee is non refundable.
This commercial property/site is also unconditional; this means that a successful bidder upon acceptance of an offer must pay the buyerâ€™s premium plus VAT to Keith Pattinson Ltd, and is also required to exchange contracts on the day together with the submission of a 5% deposit. Completion will thereafter take place no more than 28 days later. Interested parties should ensure they have satisfied themselves of all queries prior to auction as all acceptable bids are legally binding. This means any interested parties wishing to make an offer on a property/site must be in funds for both the buyerâ€™s premium and the deposit, both to be placed with and held by Keith Pattinson Ltd.