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House For Sale £75,000
Bridge Street, Boston, Lincolnshire PE21


Description
For Sale by modern method of online auction. Register, bid and buy. Freehold opportunity within the popular Boston market town with a port on the east coast of England in Lincolnshire, about 100 miles north of London. It is the largest town of the wider Borough of Boston local government district. Situated within the town within a cosmopolitan and busy market town.

Commercial unit known as 21 Bridge Street separate duplex apartment 21a which is set over the two floors above with independent access from the rear. This property has signs of movement, which have not been assessed to see if it is progressive. And viewers will be required to provide proof of cleared funds and sign a waiver prior to viewing. We ahve visually inspected the premises but note a saggy floor in the second floor bedroom and as we are not structurally trained Given the age of the property and location buyers should make their own enquiries prior to making any transactional decision. Our professional landlord client has taken a view not to investigate the matter further and wishes to dispose of the units as the existing tenants have now moved on after 90% occupancy over several years. The units will be sold with vacant possession, as seen and will realise their own price in the current market- priced to sell. There is potential for change of use to full residential, subject to planning approval.

There is a virtual tour available for this property by contacting our Boston office, where buyers can view virtually before making a personal inspection on one of our viewing days prior to placing a proceedable bid to buy.

We understand that the property is proudly situated within Conservation Area Management Plan. Such a plan may contain policies and proposals designed to secure the preservation and enhancement of the area and buyers should make their own enquiries prior to making any transactional decisisons.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers
solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price
including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as
part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification
verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything
you need to know about the property, so you are required to complete your own due diligence before bidding.

A sample copy of the Reservation
Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the
preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they
will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral
arrangement and payment prior to any services being taken by you.

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

  
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