Lot 12 - Driftwood House, 2 Broad Street, St. Columb, Cornwall, TR9 6AS

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Lot 12 - Driftwood House, 2 Broad Street, St. Columb, Cornwall, TR9 6AS

Guide Price* : £18,000+

  • Unconditional Online Auction Sale
  • 5 Bedrooms
  • |
  • 3 Bathrooms

Lot 12 - Residential Property for Investment

Description

ONLINE AUCTION from 23rd - 25th June

A substantial and highly individual five-bedroom residential property forming part of a Grade II listed mixed-use building in the centre of St Columb Major.

The property is arranged behind and above the ground-floor commercial units and provides spacious accommodation with five bedrooms, three bathrooms and a rear garden.

The property now requires modernisation and offers considerable scope for improvement, subject to any necessary consents. Its unusual layout, size, garden and central location make it a rare opportunity in the local market.

The property will be sold with a new 999-year lease, to be granted on completion, at a ground rent of £1 per annum.

Viewing is strongly encouraged to appreciate the size, character and potential of the property.

Tenancies

To be sold with vacant possession

Tenure

Advised Leasehold - to be verified by solicitor
New 999 year lease to be granted on completion
Ground Rent: £1

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.

Guide Price* : £18,000+

  • Unconditional Online Auction Sale
  • 5 Bedrooms
  • |
  • 3 Bathrooms

Lot 12 - Residential Property for Investment

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Paul Fosh Auctions

Office Contact

Lot 12 - Driftwood House, 2 Broad Street, St. Columb, Cornwall, TR9 6AS

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