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Lot - Land at 2 Cornmarket, Louth, LN11 9PY Auction Lot Nil Reserve - Auction Estates

Next Auction

10 December 2020

Land at 2 Cornmarket, Louth, LN11 9PY

Guide Price: Nil Reserve


Sold
£100

Key Features

  • Freehold parcel of land in Louth town centre
  • Nearby operators include Hunters, Natwest and Tina's Café
  • Strategic long term investment opportunity
Draft Details Only

Freehold parcel of land located in Louth town centre

• Freehold parcel of land
• Located on the East side of New Street
• Nearby operators include Hunters, Natwest and Tina's Café
• Currently used as a right of way
• Buyers to make own investigations
• Strategic long term investment opportunity
• Please note land is off New Street
• Photo for illustration purposes only

VAT

Interested parties should refer to the Special Conditions of Sale for confirmation of whether VAT is applicable to the sale price.

Viewings

At anytime from New Street and Cornmarket

Important Notices

Fees

For each lot, a Buyers Fee of £1,200 +vat is payable to Auction Estates where the lot value exceeds £10,000, the Buyers Fee is £600 +vat.

The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold with vacant possession

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