Flat
Situated in a highly regarded and prominent location along the High Street in close range to a variety of amenities, shops and restaurants.
The building comprises of three storeys with the first and second floors being offered for sale only. Planning permission has been obtained for these upper parts to be converted in to two one-bedroomed apartments, making this an excellent development opportunity.
The Auctioneers have not inspected the property.
Planning permission for proposed change of use from existing first & second floor storage (for ground floor restaurant) to two number one bedroom apartments, new dormer window and internal and external changes was granted on 10th April 2018. Planning enquiries should be made to Herefordshire Council using Application Number P180338/F.
Any plans or photographs provided with these particulars are for identification purposes only and their accuracy is not guaranteed.
The Auctioneers are informed that VAT will not be chargeable on this transaction, however all interested parties should seek clarification from the legal pack.
Leasehold.
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.
