- For Sale By Auction
- A Former Stables
- Located within the Town Centre
- Consists of Eight Storage Rooms
- EPC Exempt
- Buyer Fees Applies
- Terms and Conditions Apply
- Subject to an Undisclosed Reserve Price
- The Modern Method of Auction
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Being sold by the method of online auction, starting bid of £80,000 plus reservation fee.
A former stables located within the Town Centre, tucked away behind the shops on Old Street. The building backs onto the riverbank and has eight storage areas of which six are currently rented.
|This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance. The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £220.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Use our calculator to see how much Stamp Duty you may pay if you buy this property.