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12-14 Froghall Lane, Warrington, WA2 7JR

Lot no: 26 Sold at Auction for £250,000
 

Guide Price £185,000+ 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.

Wednesday 5th June 2019

2.30pm
Key Features
  • A substantial, 13 bedroom, former guest house
  • Suitable for redevelopment, subject to necessary building and planning consents.
  • Excellent transport links
  • Short distance from Warrington Central Railway Station
  • EPC Rating: TBC
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Sold at Auction for £250,000

Property Description:

A substantial, 13 bedroom, former guest house, suitable for redevelopment, subject to necessary building and planning consents. The properties are approximately 8,000 square foot.

The property boasts excellent transport links with easy access to the M6 motorway and lies between Bankquay Railway Station and Warrington Central Railway Station. Just a short distance to the bus station and five minutes walk into the town centre.

The property offers a fantastic opportunity to be redeveloped, subject to necessary building and planning consents and must be viewed in order to fully appreciate the scope of this opportunity.


The accommodation briefly comprises:

Number 12:
Ground Floor

Main entrance, large kitchen / dining area, utility area, double bedroom with en suite shower room, double bedroom with en suite shower room.

Basement

Smoke damaged.

First Floor

Double guestroom with en suite shower, double guestroom with en suite shower, double guestroom with en suite shower, double guestroom with en suite shower, communal shower room.

Second Floor

Two double attic bedrooms

Number 14:
Ground Floor

Hallway, kitchen area, double guestroom with en suite shower room, single guestroom with toilet and sink.

Basement

Fire damaged

First Floor

One communal shower room, double guestroom, double guestroom with en suite shower room.

Second Floor

Double guestroom

Outside

Carpark for approximately 10 cars in total, split over two sites plus small courtyard.

Note:

There has previously been in a fire in one of the basement chambers and interested parties are advised to make their own enquiries

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.