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Garages/Stores, Welford Wharf, Welford Road, Northamptonshire, NN6 6JQ

Lot no: 70 Sold at Auction for £46,000
 

Guide Price In excess of £10,000 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 6th September 2018

10.30am
Key Features
  • A Vacant Freehold Building which is understood to have previously been used for storage
  • and may have potential for alternative use subject to obtaining any necessary planning permission and any other necessary consents
  • EPC Rating:
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Sold at Auction for £46,000

Garages

Property Description:

The property comprises a single storey brick building beneath a pitched slate roof with two sets of double doors to one elevation and lean to at the side. Situated on a site extending to a gross area of about 0.25 acres (0.1 Hectares) or thereabouts. The shipping container located on the property is to be included in the sale.

Tenure

We understand that the property is Freehold and is to be sold subject to certain overage provisions. For further information in respect of tenure and any other legal aspects please refer to the legal pack.

Location

The property is located off Welford Road, within Welford Wharf and adjacent to the River Avon at Welford about 16 miles north west of Northampton and about 8.5 miles from Market Harborough whilst M1 Junction 20 is about 7.5 miles.

Services

There are currently no services connected to the property.
The purchaser will need to provide services to the property and should independently satisfy themselves as to the availability and suitability of any mains services for their particular requirements.

Plans & Aerial Photographs

Any plans and aerial photographs provided with these particulars are for identification purposes only and their accuracy is not guaranteed.

Rights of Way, Wayleaves, Easements, Restrictive Covenants etc.

The property is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants etc. which may exist whether mentioned in these particulars or not. We understand that the vendor intends to grant certain rights of access over their adjoining property to enable access to this property but for details of any such rights please refer to the legal pack.

Town Planning

The property is situated in Welford and any planning enquiries should be directed to Local Planning Authority, Harborough District Council.

Interested parties must make their own enquiries of the Local Planning Authority in respect of planning and independently satisfy themselves as to the suitability of the property for any use or development they propose.

Value Added Tax

We understand that VAT will be chargeable on this transaction. For further details please refer to the Special Conditions of Sale in the Legal Pack.

Auctioneers Note

Please note that Completion on this lot is to be by no later than 27th September 2018.

Viewings

External viewings only.

Tenure:

Freehold. 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.