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Starling House, 22 Front Street, Guidepost, Choppington, Northumberland NE62 5LT

Lot no: 28 Re-entry to a future auction
 

Guide Price £130,000 - £150,000 plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 8th June 2017

11.30am
Key Features
  • COMMERCIAL/RESIDENTIAL DEVELOPMENT OPPORTUNITY
  • Two storey extended semi-detached building
  • Ground floor recently used as a dental surgery
  • 3 bed flat to first floor; 1 bed flat to second floor
  • EPC Rating: GF - C; FF - D; SF - C
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Re-entry to a future auction

Mixed Use

Property Description:

LOCATION:
Guidepost is a large village situated in Northumberland approximately 4 miles to the east of Morpeth and 2 miles to the south of Ashington. The main arterial route into Guidepost is the A1068 and the A196, with the A1 being some 5 miles to the west.

The property is located on Front Street where there is a limited range of retail, leisure and service facilities nearby.

DESCRIPTION:

Starling House is a two storey extended semi-detached building of stone and brick construction beneath a double pitched roof, refurbished with man made slates. In 2005 the property was completely refurbished and extended to create a modern dental surgery. There is a three bed flat to the first floor and a 1 bed flat to the second floor.

The land at the rear is accessed along the side of the building and was partly previously used as garden and for parking.

ACCOMMODATION:

We understand from ordnance survey measurements that the land and buildings comprises the following approximate areas:-

Description Sq m Sq ft
Site Area 0.13 Ha 0.31 Acres
Ground Floor 104 1,119
First Floor 65 700
Second Floor 32 344

VAT

Please refer to the legal pack.

SERVICES

It is the responsibility of the purchaser to determine the exact position of any services either adjacent or on the site and to arrange for the connections of these for the development in consultation with the relevant service provider.

SITE CONDITIONS

The purchaser will be responsible for any necessary assessment of ground conditions and should satisfy themselves that development can take place safely.

Tenure:

See Legal Pack. Vacant possession upon completion.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.