Terraced House
A rare development opportunity, in the heart of historic Howarth. Situated at the top of the cobbled high street, sits a cluster of buildings in need of significant works. The building(s) are known as 1 West Lane, 3 West Lane and 14 The Fold. Planning was approved in June 2022 for the restoration, and reinstatement of three separate dwellings - 21/05648/HOU. This includes rebuilding of a third floor, to the property known as 3 West Lane, which suffered historical fire damage. A flat roof was installed to the upper floor but the property itself has remained relatively untouched.
1 West Lane and 14 The Fold – Internal walls have been removed, leaving one substantial room to each of the four floors. Lime mortar has been applied to many of the internal walls but the building is essentially a blank canvas. Due to a busy high street location, the property could lend itself to a change of use, subject to the necessary consents.
Viewers – Please note there will be no access to 3-5 West Lane and restricted access to the ground, and first floors, of 1 West Lane/14 The Fold.
Location – Situated at the top of the cobbled high street in Howarth. The property is well positioned for the historical sites of the village.
These sales details are awaiting vendor approval.
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 under and Unconditional sale type.
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 1.2% of the purchase price (subject to a minimum of £1,500 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.
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