Mixed Use
This is a fantastic opportunity to acquire a prime and versatile site which would suit a variety of different development opportunities, subject to any necessary consents. The site consists of a former nursery with numerous greenhouses and outbuildings plus two x three bedroomed tenanted dormer bungalows. The site is located conveniently for Morecambe town centre amenities including local retail parks and the historic village of Heysham, offering outstanding coastal walks, a popular golf club and port. Planning enquires should be made directly with Lancaster City Council: Lancashire.gov.uk/01524582000 and further information can be found in the legal pack.
There is evidence of Japanese Knotweed on site.
The auctioneers have not inspected the property but believe it to comprise:
Ground Floor: Large porch, kitchen, two reception rooms, bathroom, bedroom
First Floor: Two bedrooms
Electric heating and drainage to a septic tank
Tenanted on an assured shorthold tenancy at £550pcm
NOTE: The tenant is due to vacate the property on 25th May 2019
The auctioneers have not inspected the property but believe it to comprise:
Ground Floor: Large porch, kitchen, two reception rooms, bathroom, bedroom
First Floor: Two bedrooms
Electric heating and drainage to a septic tank
Tenanted on an assured short hold tenancy at £550 pcm
Freehold.
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.
