Lot 53 - 5 Madford Lane, Launceston, Cornwall, PL15 9EB

  • Unconditional Online Auction Sale
  • Guide Price* : £32,000+

Owner Occupier/Development/Commercial Opportunity

Description

ONLINE AUCTION from 7th SEPTEMBER-9th SEPTEMBER

This semi detached disused commercial building consists of two storeys of approximately 1,000 sq ft in total.

The property requires renovation or could be converted to residential use (subject to the necessary planning consents) to provide a four room house – 2 reception rooms, 2 bedrooms and a bathroom and would also make an ideal holiday home/investment.

Launceston has been a market town since the time of the Normans. It was the site of the County Assizes before the roads were improved and Bodmin became the county town in the early eighteenth century. Launceston stands almost on the Cornish border with Devon. In one direction is the expanse of Bodmin Moor, whilst in the other, just across the River Tamar, is Dartmoor. The castle offers views of both moors.

Tenancies

To be sold with vacant possession

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £975) 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. 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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Sold for £49,500

This auction is now closed.

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Angie Davey

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01633 254044

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