Lot 73 - Meeting House Lane, Wigton, Cumbria, CA7 9ED

  • Unconditional Online Auction Sale
  • Guide Price* : £1,000 +
  • Bedrooms: 0

Lot 73 - Development Opportunity

Description

ONLINE AUCTION from 3rd FEBRUARY-5th FEBRUARY

The property is located in this mews type location with Meeting House Lane connecting to King Street where an array of shopping facilities, bars and restaurants are immediately available. This is a central location in the heart of Wigton and lies less than 0.5 mile from Wigton station which provides services to Carlisle and Barrow-in -Furness. Other transport links include local bus services whilst Wigton lies just off the A596 connecting northeast to Carlisle or southwest to the coast of Maryport.

The site fronts directly on to Meeting House Lane and comprises an area of land extending to some 1,950 sq ft. Much of the site is now open concrete Harding standing but parts of the structure of steel/metal framed warehouse that occupied a large portion of the site remains.

The site is sold on an unconditional basis. Purchasers may wish to consider various alternative potential development plans for the site which could include replacement of the previous warehouse unit or given number of existing dwellings within Meeting House Lane, whether there may be potential for residential development. The CGI shows an indicative development prospects/intended use or permissions that may be required. The site is sold with freeholders' consent for any development for which planning is obtained.

Lease Start Date

01/01/2023

Lease Duration

999 years (996 years unexpired)

Tenancies

To be sold with vacant possession

Tenure

Advised Leasehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Paul Fosh Auctions
01633 254044

Office Contact

Olivia Williams
01633 254044

Documents

Legal Documents

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Auction Finance

As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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