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Former Methodist Church, 75 Lowther Street, Whitehaven, Cumbria CA28 7RB

Lot no: 21 Re-entry to a future auction
 

Guide Price £50,000+ 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 30th September 2020

9.30am
Key Features
  • Substantial former Methodist Church
  • Gothic style
  • Grade II listed
  • Access fronting Lowther Street and Scotch Street
  • EPC Rating: N/A
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Re-entry to a future auction

Commercial Property

Property Description:

The building comprises a Gothic Style Grade II listed building build in Circa 1877 benefiting from access fronting Lowther Street and Scotch Street. The building was in need of renovation upon inspection.
The building would suit a number of alternate uses such as Restaurant, Bar, Nightclub or residential all subject to obtaining appropriate planning consent.
We would advise interested parties to inspect the legal pack and contact the local Copeland Borough Council Mayor's Office who have expressed their desire to see a sympathetic redevelopment of the building.

Location

The Former Church sits in a prominent position along Lowther Street and the junction with Scotch Street in Whitehaven town centre within an area of commercial retailers with Morrisons Supermarket a short walk away. Corkicle train station is within 500 meters of the building along with the West Cumberland hospital approximately a mile away.

Tenure

We understand the property is Freehold and Vacant possession will be given upon completion

VAT

We understand that VAT will not be chargeable on this transaction

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 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.

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