Offices in OX14

Ock Street, Abingdon, Oxfordshire, OX14 5DL

Bid now

Online auction

Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk

  • Parking available outside
  • Extremely well located
  • For sale by 'Secure Sale' Terms & Conditions apply
  • Could lend itself to a multitude of uses

Offices in OX14

*For sale via secure sale online bidding: terms and conditions apply.*

We are pleased to offer to auction this freehold ground floor Retail/Office unit on Ock Street, Abingdon, with a front office/showroom (approx. 12 m2), rear storeroom including WC and basin (7m2), and also with overall freehold of two adjoining flats that yield £100 per year ground rent per unit (120 years remaining on each lease). The office/showroom has recently been used as a bookshop/publisher and previously as a bridalwear shop, but could lend itself to a multitude of uses.

Extremely well located to reach Abingdon Town Centre, South Abingdon and with quick access to the A34. Two hour off street parking available outside, ideal for customer parking.



Please note we have not inspected this property.

Summary

  • Property Type: Offices
  • Tenure: Freehold
  • Parking: On Street

Location

The subject property is located along Ock Street, well located and within easy reach of Abingdon Town Centre, South Abingdon and with quick access to the A34.

Accommodation

The property briefly comprises of open plan office to the front of the premises with rear storage room and WC.

Tenure

Freehold. Title number ON72247. Also covers the freehold of two adjoining flats generating £100pa per unit in ground rent.
Further details can be found in the legal pack.

EPC

Rating E (available upon request)

Rateable Value

The current rateable value is £4,600 (1 April 2023 to present). Therefore falling below the rates relief threshold.

Sourced by VOA.

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

This property is being sold subject to conditional reservation fee auction terms and conditions.

 

Timescales

There are 28 days to exchange contracts and a further 28 days to complete the purchase.

56 days in total.

 

Legal Pack

A legal pack has not been provided on this lot.

 

Deposit

There is no deposit to pay on this property.

 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. 

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
​£250,001 to £750,000 - £2,500 minimum bid 
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions. 

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

Please login to view legal packs for this property.