House For Sale £200,000
For Sale By Public Auction on 27 October starting at 09:30 am - Live-streamed auction, you must pre-register to bid via our website with remote bidding online, by telephone or proxy
A Virtual Freehold Former Church Close To Coventry City Centre Occupying A Site Extending To Approximately 0.319 Acres. The Property Is Considered Suitable For Redevelopment For A Variety Of Alternative Uses Subject To Obtaining The Appropriate Planning Permission
The property comprises a former Church building that consists of the main Church Hall, meeting room, kitchen and prayer room together with a number of additional ground and first floor rooms. The property offers a significant City Centre redevelopment opportunity and could be used for a variety of alternative uses including residential, offices, student accommodation, children's nursery etc subject to the appropriate planning permission.
Location
The property lies within a mixed use area, and benefits from a frontage to both St. Columbas Close and St Nicholas Street and is situated a short walk from the heart of Coventry City Centre. The area benefits from excellent local amenities and transport links, with Coventry train station being located approximately 1/2 a mile to the south.
Tenure
We understand the property is long leasehold (virtual freehold) for a term of 1000 years from 1664 (approximately 642 years unexpired). Vacant possession will be given upon completion.
We have not had sight of the documentation relating to tenure however a copy will be available for inspection within the legal pack.
Value Added Tax
We understand VAT is not applicable on this transaction.
Viewing Times
See viewing schedule.
Live-streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.
Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information or on the Bond Wolfe's website.
*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer's gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £1,680 inc VAT (£1,400.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.
Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. The legal packs and further information about buying at auction are available on the Bond Wolfe's website.
A Virtual Freehold Former Church Close To Coventry City Centre Occupying A Site Extending To Approximately 0.319 Acres. The Property Is Considered Suitable For Redevelopment For A Variety Of Alternative Uses Subject To Obtaining The Appropriate Planning Permission
The property comprises a former Church building that consists of the main Church Hall, meeting room, kitchen and prayer room together with a number of additional ground and first floor rooms. The property offers a significant City Centre redevelopment opportunity and could be used for a variety of alternative uses including residential, offices, student accommodation, children's nursery etc subject to the appropriate planning permission.
Location
The property lies within a mixed use area, and benefits from a frontage to both St. Columbas Close and St Nicholas Street and is situated a short walk from the heart of Coventry City Centre. The area benefits from excellent local amenities and transport links, with Coventry train station being located approximately 1/2 a mile to the south.
Tenure
We understand the property is long leasehold (virtual freehold) for a term of 1000 years from 1664 (approximately 642 years unexpired). Vacant possession will be given upon completion.
We have not had sight of the documentation relating to tenure however a copy will be available for inspection within the legal pack.
Value Added Tax
We understand VAT is not applicable on this transaction.
Viewing Times
See viewing schedule.
Live-streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.
Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information or on the Bond Wolfe's website.
*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer's gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £1,680 inc VAT (£1,400.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.
Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. The legal packs and further information about buying at auction are available on the Bond Wolfe's website.
