2a Coleshill Road, Atherstone
Coleshill Road, Atherstone, CV9 1BW
- 1
Key features
Guide Price: *
£120,000
Fees apply
Buyer's fee:£3,780
Admin fee:£504
Legal fee:£356.40
All fees include VAT at 20%
Holding Deposit: *£1,220
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Opening bid:
£100,000Bid history
0 bids2a Coleshill Road offers purchasers a unique opportunity to acquire a property with planning permission. The building has been used in recent years as a ceramics studio. It currently comprises an entrance porch, three downstairs rooms and two first floor rooms. There is access from two sides of the property with space to park vehicles. There is planning permission for the conversion of the building to two flats, with one parking space each. Each flat will have its own access from alternative sides of the property.
The site is located within the market town of Atherstone in the county of Warwickshire. The site is well located with access to the A5 approximately 1 mile away and Junction 10 of the M42 approximately 4.5 miles away.
We believe the site benefits from mains water, drainage and electricity. There is no current gas connection, but we believe there to be a connection nearby. None of these services have been tested and it is the specific responsibility of the purchaser to test the the adequacy of them.
The site will be sold via online auction.
The property is for sale by online auction. All details, terms, conditions and contract pack areavailable on our website.
Contract Pack - The contract pack is available via the ‘online auction’ pages of our website.Online Auction Access - Please visit the Howkins & Harrison website(howkinsandharrison.co.uk), click ‘Auctions' in the main heading menu then 'Online Auctions'.To bid; click 'Register' and verify your email address. Should you be successful in the purchase of this property, the following payments are due upon exchange:
£5,000 (incl VAT) is taken from the registered card (on the fall of the hammer) and isapportioned as follows:
Auctioneers Buyers Premium - £1,800 (inc VAT)
Auction Platform Fee - £1,980 (inc VAT)
£1,220 towards deposit.
The remainder of the 10% deposit of the purchase price is due by 12pm the next working day.
The purchaser is subject to the following payments upon completion:
Balance of the purchase price
Search fees to a maximum of £296.82 (Plus VAT)
Transfer fee - TBC (inc VAT).
Administration fee - £480 (inc VAT).
Full terms and conditions for the online auction are available on our website.
The property is offered freehold with vacant possession upon completion.
The property has an approved planning application and is available on North Warwickshire Borough Council’s website. PAP/2022/0600 - prior approval to convert commercial unit into two residential flats. The decision notice can also be seen in the auction pack.
Local Authority -North Warwickshire Borough Council.
The current rateable value is £4,350 pa . For clarification on Business Rates, we would advise that interested parties make their own enquiries of North Warwickshire Borough Council.
The plan, area and description are believed to be correct in every way, but no claim will be entertained by the vendor or the agents in respect of any error, omissions or misdescriptions. The plan is for identification purposed only.
Viewings are strictly by appointment by Philippa Dewes at Howkins & Harrison, please call direct on 01827 721380 or alternatively email philippa.dewes@howkinsandharrison.co.uk.
Summary
- Auction end
- 23rd Jun at 11:00
- Property type
- Other
- Tenure
- Freehold
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- N/A
Summary
- Auction end
- 23rd Jun at 11:00
- Property type
- Other
- Tenure
- Freehold
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- N/A
This property is being sold by:
Howkins & Harrison - Farm and Rural
01530 877977
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Howkins & Harrison Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Howkins & Harrison Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
