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House For Sale £275,000
The Old Post Office, The Square, Grampound Road, Cornwall TR2


Description
For sale by traditional online auction, with bids invited by June 22nd at 12 noon, are these former Post Office and Sorting Office buildings for improvement and now offering potential.

The buildings, which are arranged as three self-contained residential components, briefly comprise a five bedroom maisonette, two bedroom flat and a detached one bedroom cottage all being let on and assured short-hold-tenancy basis.

Residential investment/development opportunity

For sale by traditional online auction, with bids invited by June 22nd at 12 noon, are these former Post Office and Sorting Office buildings for improvement and now offering development and/or subdivision potential.

The buildings, which are arranged as three self-contained residential components, briefly comprise a five bedroom maisonette, two bedroom flat and a detached one bedroom cottage.

The dwellings are currently let on Assured Shorthold Tenancies and will therefore naturally appeal to lettings investors However due to sheer size and scale of the buildings then developers may well consider alternative configurations and potential for further subdivision, subject to all the necessary consents being obtainable.
Tenancies

Main Maisonette; Let on an assured short-hold tenancy agreement, holding over, with a rent reserved of £895pcm.

Cottage (The former sorting office); Let on a (sub-let basis via Tenant of the Maisonette) assured short-hold tenancy agreement, holding over, with a rent reserved of £400pcm.

Flat; Let on an assured short-hold tenancy agreement, holding over, with a rent reserved of £495pcm.

EPCs
Semi-detached house/Maisonette; D

Flat: F

Cottage (The Former Sorting Office): G

Accommodation

Maisonette/semi-detached house
Ground floor; Private entrance, hallway with under-stairs cupboard, kitchen/breakfast room, utility room, snug, living room, dining room, First floor; Landing, Master bedroom with adjoining dressing room/occasional bedroom, four further bedrooms, bathroom/WC with shower.
Outside; Private roof terrace with far-reaching views. Adjacent driveway and use of attached single garage and forecourt area to left-hand side of the property.
Flat

Ground floor; Private entrance, hallway, living/dining room, inner hallway/potential study area, two bedrooms, wet-room with shower/WC and galley kitchen.
Oustide; Private garden area.

Cottage (The Old Sorting Office)
Ground floor; Bedroom and bathroom.
First floor; Kitchen/ and living room.
Outside; Private garden area.

Important Information

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.

Auction Legal Pack & Finance

Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. It is the purchaser’s responsibility to make all necessary legal, planning and finance enquiries prior to the auction.

Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve price (a figure below which the Auctioneer cannot sell the Lot during the Auction). This reserve figure cannot be higher than 10% above a single figure guide.

Please check our website regularly at or contact us on for up to date information.

Following the fall of the hammer contracts are exchanged and there is no going back!

Auction Information

†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.

* Pricing information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.

Bamboo Auctions and 247 Property Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.

Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by 247 Property Auctions.All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.

Follow the link for more information:
        
zoopla.co.uk

  
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