House (unspecified)
DRAFT DETAILS - AWAITING VENDOR APPROVAL. This is a rare opportunity to purchase a substantial and versatile property in the heart of one of Burnley’s most popular residential locations. Originally the property was arranged as individual dwellings and has most recently been occupied as a place of worship. The property now suits a number of re-development opportunities (subject to all necessary planning consents) and interested parties are encouraged to arrange an internal inspection to fully appreciate the scope and potential on offer. Locally, there is an array of convenient amenities including supermarkets, independent businesses and outdoor spaces to enjoy, including Thompson and Queens Park. Transport links include regular bus services nearby, Burnley central train station which is less than 10 minutes’ walk from the property and the M65 motorway which is easily accessible. East Lancashire Hospital is also less than two miles from the property.
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.
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