Land For Sale £30,000
For Sale via the Modern Method of Auction.
Ground Floor former butchers extending a to a gross internal area of approximately 767 sq ft. The premises are located on Alga Terrace in the beautiful South Cliff area of Scarborough.
Please note: The premises are leasehold (999 year lease granted in 1989) as are the two flats above. Our vendor owns the freehold and they will offer the freehold to all 3 property owners within 9 Alga Terrace upon completion (Ground, first and second floors).
Auction Info:
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.
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 4.20% 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 £300.00 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.
Energy Performance Certificate:
This property has an Energy Efficiency Rating of a Band E (114). A copy of the Energy Performance Certificate can be provided by our office, upon request.
Ground Floor former butchers extending a to a gross internal area of approximately 767 sq ft. The premises are located on Alga Terrace in the beautiful South Cliff area of Scarborough.
Please note: The premises are leasehold (999 year lease granted in 1989) as are the two flats above. Our vendor owns the freehold and they will offer the freehold to all 3 property owners within 9 Alga Terrace upon completion (Ground, first and second floors).
Auction Info:
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.
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 4.20% 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 £300.00 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.
Energy Performance Certificate:
This property has an Energy Efficiency Rating of a Band E (114). A copy of the Energy Performance Certificate can be provided by our office, upon request.
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