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Nuclear Bunker, (Land lying to the North West of Kenwick Hill), Legbourne, Louth LN11 8QJ

Lot no: 1 Sold at Auction for £31,000
 

Guide Price £25,000+ 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 24th November 2022

10.00am
Key Features
  • Royal observer post(nuclear bunker)
  • Built in 1959 with vehicular access from the road over land to access
  • Many of these sites have been used for sites for Mobile Telephone masts
  • Site is in excellent condition(clean, dry and secure)
  • Opportunity to purchase a piece of post war British History
  • EPC Rating: Exempt
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Sold at Auction for £31,000

Land

Property Description:


Fantastic opportunity to buy a piece of past war British history. The once in a generation opportunity is to buy a Nuclear Bunker otherwise known as A Royal Observer post. This particular site was one of many built in the 1950s. This site was built in 1959 and was designed to provide protective accommodation for three observers to survive a nuclear attack, they were expected to report on the nuclear bursts and report on the fall out of a nuclear attack. They were provided with enough food and water for fourteen days and had a land line and radio communications available to them.

Most of these sites were decommissioned and sold off in 1993 and we have been informed that many were bought up by telecom companies and now are sites for mobile phone masts as they were built as telecommunication posts so they are positioned in very favourable locations.

The bunker is secure, dry and in its original condition, SDL are also in possession of the Magic Key which opens and locks the hatch. The current owner has also placed a caravan on site. The site also has vehicular access from the road over the land to access it.


Note:

Postcode is an approximate only. The registered address is Land lying to the North West of Kenwick Hill, Legbourne, Louth.

Tenure:

Freehold. Vacant possession upon completion.



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.


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 and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.


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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