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Trice Barn Farm, Off Bacup Old Road, Bacup, OL13 8RF

Lot no: 35 Postponed
 

Guide Price £50,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 27th February 2020

2.30pm
Key Features
  • STRICTLY NO VIEWINGS
  • Three bedroom farm house and other buildings set in approximately 80 acres
  • Steel-framed livestock building and a number of miscellaneous buildings
  • No pre-auction offers will be considered
  • EPC Rating: TBC
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Postponed

Farm House

Property Description:

Situated in a location of upland grazing towards the westerly edge of the Pennine Moors, close to the Lancashire / Yorkshire border and amongst an area of mixed farming with many traditional farms having been converted to rural dwellings with amenity / equestrian interests. Whilst a full inspection of the property has not been carried out, we understand it to comprise; three bedroomed farm house, steel-framed livestock building, a number of miscellaneous buildings measuring a total site of approximately 80 acres, much of which is rough grazing land. The property is positioned conveniently to a number of employment centres and conurbations, including Manchester City Centre within one hours travelling time, via Rochdale or Bury metro / tram links and access to the M60 Manchester orbital motorway.

No pre-auction offers will be considered.

Notes:

We have been informed that there is an agricultural tie to the property and we advise interested parties to make their own enquiries.

Due to the nature of the sale we have had limited access and information, which is reflected in the guide price. All interested parties are advised to carry-out their own due-diligence.

We are informed that the current occupier was served a notice to vacate the property in September 2019, however as of 16/12/19, we understand that the property remains occupied. Please refer to the legal pack for further information.

STRICTLY NO VIEWINGS.

The auctioneers have not inspected but believe the farm house to comprise:

Ground Floor:

Hallway, Kitchen, Lounge, Wc

First Floor

Three Bedrooms, Family Bathroom

Photos:

The photos used for the sales details are from an external source taken in July 2019.

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

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

Tenure:

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 Variable Fee (England and Wales).

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 fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 Price
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.