Terraced House
A freehold three storey brick built mid-terraced building fronting High Street in Wigton, benefiting from a recently fitted new roof and sash windows.
The premises is situated in a prominent position and extends to circa 2,240 sq. ft. and also benefits from a rear yard and basement area. The area comprises a number of up-market retailers and a supermarket within walking distance. Bolton town centre is a few miles to the east.
We feel the premises could be converted into a seven bedroomed HMO, subject to obtaining the appropriate planning consent.
Ground Floor:
Front Room - extending to 229 sq.ft.
Inner Room - extending to 151 sq.ft.
Main Bar Area - extending to 521 sq.ft.
Function Room - extending to 175 sq.ft.
Separate WCs
First Floor:
Room One - 354 sq.ft.
Room Two - 137 sq.ft.
Kitchen - 151 sq.ft.
Second Floor:
Room One - 1,229 sq.ft.
Room Two - 223 sq.ft.
Bathroom - 70 sq.ft.
Value Added Tax
The sale price will be subject to VAT at the current rate prevailing.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
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 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.
