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DRAFT DETAILS
The building comprises a single storey brick built semi detached property fronting Mill Lane occupied by a Fireplace show room (business not affected) and we feel could potentially be converted into a residential dwelling subject to planning and approvals. The unit provides three separate, albeit interconnected sales areas together with ancillary accommodation including kitchen and WC facilities.
Interested parties are advised to inspect the legal pack for more information.
West Derby is located approximately four miles East of Liverpool City Centre within a predominantly residential area well served by bus and rail links with Alder Hey Childrens hospital nearby.
Room sizes have not been confirmed by the auctioneer, and buyers must make their own independent enquiries in this respect as any bid made will be binding.
Length of lease: 999 Years
Current ground rent: TBC
Ground rent review period: TBC
Current service charge: TBC
Service charge review period: TBC
This information should be clarified in the legal pack and we’ll update the information above when we receive it.
Leasehold. Subject to tenancy.
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 (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 fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT
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.
