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ONLINE AUCTION from 26th JULY-28th JULY
Built in the 1960’s this former miners institute provides opportunity for investment. Subject to planning consent, this building is suitable for a multitude of uses. We have been advised that former uses include a social club and cinema.
A detached building, partially comprised over three floors, the lower ground floor currently consists of an unfinished one bedroom flat, the second floor a former cinema with two bar areas. The first floor consists of a one bedroom flat in the initial stages of development.
The property is positioned on a generous plot providing parking in excess of two cars. There are a number of access points throughout the building.
Electric, gas and water connections available.
Ground Floor: Foyer, former cinema with bar area, 2 rooms, additional bar area
Lower Ground Floor: Bedroom, shower room, room
First Floor: Male & female wcs, room
First Floor Flat: Bedroom, bathroom, living room, kitchen
Outside: Parking in excess of two cars
To be sold with vacant possession
Advised Freehold - to be verified by solicitor
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/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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