House of Multiple Occupation
A 14 bedroom property totalling approximately 7500 Sq Ft. The property consists of 14 bedrooms, (3 further self contained rooms have been part developed which would take the total count to 17 letting rooms)
There are two w/cs and 2 further bathrooms containing 4 shower cubicles with 4 w/cs
There is a part developed commercial space which would open up many possibilities including renting the area to a restaurant, takeaway, corner shop or any other business use subject to permissions (This space benefits from already having a B1 business premises licence + liquor licence)
The building is set out over 3 floors + a cellar and loft which could also be converted with the relevant permissions.
Included in the sale is a prime development site totalling approximately 0.0117 Hectares (0.0289 Acres). The site contains an outbuilding and the potential to develop subject to planning (6/8 One Bedroom Self Contained Flats) Pre Planning Advice Obtained (refer to the legal pack).
The site measures approximately 18ft wide x 70ft long = 1,260.00 Feet2 / 0.0117 Hectares / (0.0289 Acres)
Barrow-In-Furness is currently having a big resurgence in large part to the booming shipbuilding industry and there is a demand for good quality self contained apartments/flats.
The site may lend itself to other uses such as open storage, a workshop with yard subject to obtaining the necessary consents.
Barrow-In-Furness is currently having a big resurgence in large part to the booming shipbuilding industry and there is a high demand for good quality accommodation.
Location:
Barrow-In-Furness is situated at the tip of the Furness peninsula on the north-western edge of Morecambe Bay, south of the Duddon Estuary and east of the Irish Sea It is connected via the M6 (from junction 36) onto the a590.
Bar with WCs and function room with kitchen.
7 double bedrooms, 2 shower rooms and 2 WCs.
7 bedrooms, 4 shower rooms and 4 WCs.
Space for seating, garage and workshop.
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.
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