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House For Sale £70,000
5 Madford Lane, Launceston, Cornwall PL15


Description
For sale by auction on Thursday, 03 Nov 2022 at 12:00

Venue: Live Stream

A Commercial Building With Residential Planning Permission to Convert to a Two Bedroom Home

Situated in the heart of Launceston is this opportunity to convert a former commercial building into residential accommodation. Conditional planning was approved on 14th June under application PA22/02618 and further details can be viewed on the Cornwall Planning Portal. The property is currently in a derelict condition currently there are two large open rooms over two floors. Once works are complete the accommodation would comprise: A open plan living space downstairs with kitchen area and downstairs WC. To the first floor there would be two bedrooms with the main bedroom having an en-suite and a family bathroom.

Auctioneers note
The proposed development is liable for a charge under the Community Infrastructure Levy (cil). Further information can be found on the Cornwall Council Website. VAT will be payable on the agreed purchase price.

Viewings
We will be hosted a series of open viewing slots on the lead up to the auction. Please contact our office for suitable dates and times.

Notice to bidder
Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.

Full details
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.

EPC Rating: Cepc G208

Additional Fees
Administration Charge - £1200 inc VAT payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

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

  
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