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Clayton Youth and Community Centre, Moor Street, Clayton-Le-Moors BB5 5PH

Lot no: 111 Sold Prior to Auction
 

Guide Price £140,000+ 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.

Thursday 29th June 2023

10.00am
Key Features
  • Former youth centre
  • Prominently residential location
  • Potential to develop(subject to planning permission)
  • EPC Rating: E
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Sold Prior to Auction

Commercial Property

Property Description:

The lot being offered is a former youth centre with garaging set in a residential location and whilst it still has commercial use the planning permission that has been applied for sees a viable scheme of four dwellings to be built.

The building is in Clayton Le Moors Village with handy local shops such as the Cooperative and major supermarkets around one mile away.

It may be possible to alter the plans to flats or possibly HMO subject to consent if residential permission gets rubber stamped. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

The property has a lift (not tested) Floor plans and maps are for purposes of identification and illustration only.

All interested parties are advised to consult with the local planning department at Hyndburn Borough Council, Scaitcliffe House, Ormerod Street, Accrington, BB5 0PF. Tel: 01254 388 111.

Planning Reference: 11/23/0036: Proposed change of use of existing youth and community centre to 4 No dwellings

The existing building has a gross internal area of circa 524 sq. m (5,640 sq. ft) with a lift (not tested) and comprises:
Ground Floor:

Side entrance reception to right hand side, a main front entrance, large main hall with kitchen, storage and toilets, two offices at the side/rear and a large single storage garage/warehouse to the left-hand elevation.

First Floor:

Large main hall with kitchen, office, store and WC.

Basement:

Two chambers with access from inside and an additional two chambers accessed from outside.

Outside:

Small yard/garden area to rear/side

Leasehold Information

999 years from 1 May 1854. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Draft Sales Details

These sales details are awaiting vendor approval.

Note

Completion will be 21 days from exchange as per the special conditions of sale. Prospective buyers are advised to review the legal pack and make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure:

Leasehold. Vacant possession upon completion.

Unexpired Years

830



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 auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £6,000 inc. VAT

The Buyers 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.