Apartment
A residential investment opportunity comprising a well-presented apartment detailing a rent of £795pcm. Further details on the lease can be found in the legal pack. The property benefits from spacious rooms and plenty of natural light, offering a living room, separate kitchen-diner, and a large bedroom.
The apartment is situated in the attractive District Bank Chambers building, which is located at the intersection of Church Street and Market Street. Situated in the heart of Darwen town centre, the property benefits from its proximity to a wide range of national brands and amenities. Strong transport links are provided via Darwen train station and the A666, which leads the property to the M65 and Blackburn town centre.
The property is sold leasehold on a 125 year term from 2003. Buyers should consult the legal pack regarding service charge and ground rent.
The tenancy details a monthly rent of £795pcm, with a £295pcm discount subject to the tenant conducting the tenancy in a satisfactory manner.
Darwen Town Centre
Rivers and Seas No Risk. Surface Water Low.
O2, EE, Three and Vodafone are available.
Standard 18 mbps. Superfast 80 mbps.
BT and Sky are available.
Sandstone or limestone, as built, insulated (assumed) Information taken from the EPC.
Leasehold. Subject to tenancy.
104
- Heating Supply: Gas
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an 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 fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum 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.
