Commercial Property
The auctioneers have not inspected the property, but we believe it is effectively in three interlinking parts, with the original two storey dwelling house on the frontage adjacent to a two storey extension, behind which are single storey workshop areas. The property is understood to be occupied but we have been unable to verify the terms of occupation.
The property is being offered for sale via LPA Receivers. We have no information regarding current occupants, and we have not internally inspected the premises.
Interested parties are advised to satisfy themselves as to the condition and any rental income payable by tenants.
There is no EPC and we have been advised the sellers will make an allowance for obtaining this after the sale
We are verbally advised that the property is Freehold and cannot guarantee Vacant possession.
The property is located within an area of residential dwellings set back from Park road allowing for off street parking. Northampton is approximately four miles west of the property and Wellingborough centre and train station is within a five minute walk.
External viewing only.
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.
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.
