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Old Village Store, Main Road, Burgh on Bain, Louth, Lincolnshire LN8 6JY

Lot no: 103 Sold Prior to Auction
 

Guide Price £95,000 - £110,000 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 27th July 2023

10.00am
Key Features
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Sold Prior to Auction

Semi-detached house

Property Description:

A semi detached house which was formerly the village convenience store and requiring complete renovation and refurbishment. Property is understood to have mains water and electricity with oil fired central heating.

Former Retail Area - 32ft7 x 12ft (9.98m x 3.66m)

With radiator, UPVC double glazed front door and bay window,electric consumer unit. Maximum depth and width measurements.

Rear Entrance Passageway -

With wooden external door.

Lounge - 9ft8 x 11ft4 (3m x 3.5m)

With brick fireplace, radiator and UPVC bay window. Minimum width measurement.

Breakfast Room - 10ft6 x 8ft2 (3.25m x 2.51m)

With skylight and radiator.

Kitchen - 18ft4 x 8ft8 (5.62m x 2.69m)

With fitted wall and base cupboards, worktops, stainless steel sink and drainer, radiator, UPVC double glazed windows and rear access door, Worcester oil fi red central heating boiler.

Dining room - 11ft x 8ft9 (3.36m x 2.74m)

With radiator and UPVC double glazed patio door.

Shower Room -

With shower cubicle, wash basin, WC, UPVC double glazed windowand radiator.

Inner Hallway -

With UPVC double glazed window and staircase to 1st floor.

Sitting room - 11ft6 x 11ft8 (3.55m x 3.61m)

S With UPVC double glazed window, gas fire place, radiator.

First floor landing -

With radiator.

Bedroom One - 12ft x 12ft (3.66m x 3.66m)

With built-in wardrobe and radiator

Bedroom Two - 9ft8 x 9ft1 (3m x 2.79m)

With fitted wardrobe and radiator.

Bedroom Three - 12ft x 9ft1 (3.67m x 2.78m)

With UPVC double glazed window, built-in wardrobe and radiator

Bathroom - 9ft1 x 7ft (2.78m x 2.16m)

With panel bath, wash basin, WC, airing cupboard housing hot watercylinder, UPVC double glazed window.

Outside:

The front garden is mostly laid with slate chips and gravel and alsohas a concrete driveway. The spacious rear garden includes adetached store, glass greenhouse and PVC oil storage tank

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.