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Saturday, 27/01/2024
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This sale is strictly open for cash buyers only as due to condition and circumstances around the freeholder, we feel you would not be able to obtain a mortgage on the property. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, for any issues in financing the purchase, or for anything to do with the Freeholder. The property is sold as seen.
60 days to complete.
Hammer Price Homes are pleased to present for sale by online auction this commercial property consisting of a shop front and storage room.
The property is presented in an unmodernised condition and is full of items (see photographs); the buyer will be required to clear the property post completion.
Please be advised that the freeholder is BAY PROPERTIES LETTING COMPANY LIMITED (Co.Reg.No.3176503). The Freeholder owns other properties on the street however has stated that they were unaware that they are the freeholder so no LPE1 Form, ground rent receipts or service charge information etc will be provided. The new buyer should work with BAY PROPERTIES LETTING COMPANY LIMITED post completion should they wish to do so.
This sale is strictly open for cash buyers only as due to condition and circumstances around the freeholder, we feel you would not be able to obtain a mortgage on the property. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, for any issues in financing the purchase, or for anything to do with the Freeholder. The property is sold as seen.
To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing.
The property is well placed close to a number of amenities and within walking distance of Morecambe Train station.
This sale is strictly open for cash buyers only as due to condition and circumstances around the freeholder, we feel you would not be able to obtain a mortgage on the property. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, for any issues in financing the purchase, or for anything to do with the Freeholder. The property is sold as seen.
60 days to complete.
Tenure – Leasehold – 952 years (999 years from 15th July 1977) Land Registry documents are available for download from the Hammer Price Homes website.
** Open for cash buyers only. 60 days to complete**
Auction ends – Wednesday 31st January 2024 at 1.30pm (Subject to anti-sniping)
Bidding Window Opens – Monday 29th January 2024 at 10am (Bidding will not be possible until this time)
Starting price – £4,500 (Reserve price is higher & unpublished, typically the starting price will be 20% below the Reserve figure as per our Buyer Terms)
Reservation Fee – Please note that there is a Reservation Fee (3.6% Including VAT subject to a minimum fee of £3,600 Including VAT) payable by the buyer within 2 hours of winning the auction. Payment is to be made by Bank Transfer; we do not accept card payments. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.
To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers must stick to their time precisely.
Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.
Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and FAQ’s on the site for more details.
This is a deputyship property and is sold as seen. The Solicitor dealing with the sale has never lived at the property so will not be able to answer the usual pre-contract questions.
Comprises of an entrance leading to these rooms:
