TO BE SOLD BY ONLINE AUCTION (UNLESS SOLD PREVIOUSLY BY PRIVATE TREATY) ON THURSDAY 25TH AUGUST 2022.
A detached, stone cottage with former retail shop in very poor condition, requiring complete modernisation, refurbishment and upgrading but offering stunning potential.
A rare - perhaps once in a lifetime opportunity to purchase a substantial, two storey, period stone cottage with former sales shop in need of complete modernisation, refurbishment and upgrading but offering outstanding potential to create a large, character home.
The property lacks standard amenities and is unfit for habitation. Nevertheless, it provides generous living accommodation complimented by five bedrooms and stands on a well proportioned, level plot. Many of the rooms feature a wealth of exposed beams worthy of retention.
Owing to the poor condition of the property, there are a number of hazards. All parties viewing the property will be required to sign a disclaimer confirming that they carry out their inspection entirely at their own risk without liability to the vendor or the auctioneers.
The accommodation with approximate rooms sizes may be more fully described as follows:
With stone flagged floor.
4.26 x 3.74 (13'11 x 12'3 )
With open fire and a wealth of beams.
4.0 x 5.08 (13'1 x 16'7 )
With open fire set within an Inglenook fireplace plus a wealth of beams.
4.02 x 2.63 (13'2 x 8'7 )
With pot sink..
2.82 x 3.37 (9'3 x 11'0 )
With exposed beams.
The property is flush fronted to the pavement. To the left hand side there is potential to create a driveway. The rear gardens are larger than average but in need of attention and are shown edged in red on the plan annexed to these sales particulars.
The tenure is freehold with vacant possession upon completion.
Completion will take place within 28 days from the fall of the hammer but should the owner die in between the date of the auction and 28 days thereafter, completion will take place within 5 working days of notification that Probate has been obtained.
Viewing is arranged with pleasure by the sole selling auctioneers.
The property will be sold by Online Auction (unless sold previously by Private Treaty). Full information regarding the Online Auction process is available on our website www.wabarnes.co.uk. In order to bid on this Lot interested parties must follow the registration procedures.
An indication of the sellers current minimum acceptable price at auction. The guide price or a range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual but not always the case that a provisional reserve range is agreed between the seller and auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time upto the day of auction in the light of interest shown during the marketing period, a guide price is issued. The guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall or as a single figure. The reserve price would not normally be higher than the guide price. A guide price is different to a reserve (see below). Both the guide price and reserve price can be subject to change upto and including the day of the auction.
This is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
The Local Authority is Mansfield District Council. The ground floor sales shop has a Rateable Value of ?2,650. The residential accommodation is listed as being in Band C for Council Tax Purposes.
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