Lot 53 - 5 Madford Lane, Launceston, Cornwall, PL15 9EB
Guide Price* : £32,000+
- Unconditional Online Auction Sale
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/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* : £32,000+
- Unconditional Online Auction Sale
Owner Occupier/Development/Commercial Opportunity
Viewing
Paul Fosh Auctions
Office Contact
Angie Davey
Documents
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.
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