The Former Town Council Offices, North Street, Atherstone, CV9 1JW
The Former Town Council Offices, Atherstone , CV9 1JW
- 7
Guide Price: *
£110,000
Fees apply
Buyer's fee:£3,600
Admin fee:£360
Legal fee:£1,927.20
All fees include VAT at 20%
Holding Deposit: *£1,400
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£100,000Bid history
5 bidsPThis is an automatic bid as the bidder has set a maximum bid for this lot
14/04/2023 10:23:27 - £100,000
L
14/04/2023 10:23:27 - £99,000
PThis is an automatic bid as the bidder has set a maximum bid for this lot
14/04/2023 10:20:58 - £98,000
See all 5 bids ▾
An exciting opportunity to acquire a property with two separate planning applications, one for residential and one for commercial.
Location :
The property is located on North Street in the market town of Atherstone in North Warwickshire.
Description:
The property benefits from excellent access to major road links. Access to the A5 is 1 mile to the west, Junction 10 M42 is approximately 5.5 miles to the west and Junction 1 M69 is approximately 9 miles to the east.
The Former Town Council Offices offer purchasers the unique opportunity to acquire a property with two different planning applications.
Currently the building compromises a small courtyard area which leads to the main entrance where there are two main rooms, a kitchen and toilet located.
The property currently has planning permission for the demolition of the existing building and construction of a two-story building with offices and a meeting room, a plan of which can be seen on this page. There is also a further planning permission for the conversion of the building to a single two bedroom dwelling, a plan of which can be seen on the previous page.
Travel Distances
• Nuneaton 7 miles
• Market Bosworth 8 miles
• Hinckley 9 miles
• Coventry 17 miles
• Birmingham 21 miles
• Leicester 22 miles
Tenure and Possession: The site will be offered freehold with vacant possession available upon completion.
EPC: Rating is presently E - 102.
Outgoings: The current rateable value is £3,300. From 1st April 2023 the rateable value will be £4,250. For clarification on Business Rates, we would advise that interested parties make their own enquires of North Warwickshire Borough Council.
Utilities: We believe the site benefits from mains water, drainage, and electricity. The property also has gas and a boiler. None of these services have been tested and it is the specific responsibility of the purchaser to test the adequacy of them.
Planning:
The property has two approved applications listed below and are available on North Warwickshire Borough Council’s Website.
PAP/2020/0056 – Demolition of existing building and construction of new two-story offices and meeting room. Variations to condition 2 in PAP/2021/0101 with approval of detail numbers 3, 4 ,5 and 6 in DOC/2021/0016.
PAP/2022/0332 – Conversion of existing property to single two bedroom dwelling.
Viewing: Strictly by prior appointment. Please contact Philippa Dewes at the Atherstone Branch.
Fixture and fittings: The gates to the property are not included with the sale and will be removed upon completion.
The property is for sale by online auction. All details, terms and conditions and contract pack are available on our website.
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.
The purchaser of this property is subject to an Admin fee of £250 + VAT and Buyer’s Premium of £3,000 + VAT as stated on the auction listing. The buyer will also be required to reimburse the search fees of £405.80 and contribute £1,000 + VAT towards the vendors legal fees.
Under the money laundering directive (S12017/692) we are required under due diligence as set up under HMRC to take full identification (e.g. photo ID and recent utility bill as proof of address). When a potential purchaser submits an offer for a property, please be aware of this and have the information available.
Every care has been taken with the preparation of these Sales Particulars, but complete accuracy cannot be guaranteed. In all cases, buyers should verify matters for themselves. Where property alterations have been undertaken buyers should check that relevant permissions have been obtained. If there is any point, which is of particular importance let us know and we will verify it for you. These particulars do not constitute a contract or part of a contract. All measurements are approximate. The fixtures, fittings, services and appliances have not been tested and therefore no guarantee can be given that they are in working order. Photographs are provided for general information and it cannot be inferred that any item shown is included in the sale. Plans are provided for general guidance and are not to scale.
Summary
- Auction end
- 14th Apr at 11:00
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- Ask Agent
Summary
- Auction end
- 14th Apr at 11:00
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- Ask Agent
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.
