FOR SALE BY CONDITIONAL ONLINE AUCTION. On behalf of Entwistle Green - Cleveleys
FOR SALE BY CONDITIONAL ONLINE AUCTION.
On behalf of Entwistle Green - Cleveleys
Detached Guest House
This substantial detached property is set on a good sized plot and offers a huge amount of potential with a wealth of accommodation on offer and is an ideal investment opportunity not to be missed with the option to convert in to apartments or two semi detached houses. The property is currently set up as guest house, on internal inspection to the left side of the ground floor the accommodation consists of a formal dining room, en suite bedroom, breakfast room, modern fitted kitchen with a living room and bedroom to the rear along with a stunning four piece modern bathroom. To the right side of the ground floor there is a spacious one bedroom flat with two reception rooms, en suite bedroom and a fitted kitchen with a utility room. To the first and second floors of the property there are eleven further bedrooms with four en suite shower rooms and two bathrooms with separate wc rooms. The property benefits from gas central heating, uPVC Double glazing, provides ample off road parking and boasts a large private enclosed rear garden with a detached garage. Viewing essential to see the size and potential on offer. Situated in a popular residential of Cleveleys within a short walk to both the town centre and the promenade. The property is also ideally placed for all local amenities and transport links including bus and tram routes.
The legal pack will be available online at least seven days prior to sale ending 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 the end of the auction.
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also known as a Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms which is available to download on our SDL Auctions website.
Every online bidder on SDL Auctions must first create an account on the online section of the SDL Auctions website - sdlauctions.co.uk/property-auctions/online/
This is a straightforward process. Starting the registration includes filling out your personal details, verifying your email address, and accepting the Online Auction ‘Terms and Conditions’. Once you have done this you will be able to search, ‘watch’ lots and download legal documents.
After starting the registration process you can come back to it to complete at a later date. We suggest completing the registration process at least 3 working days before the lot is due to end, in case you have any problems and need to contact the auctioneers.
In order to bid, you will need to be authorised for money laundering purposes. This includes uploading copies of two forms of identification and passing a anti-money laundering check. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.
If you are the successful bidder you will be legally obliged to buy the property for the full purchase price. You will enter into a reservation agreement with the seller and have 40 business days within which to exchange and complete. If you fail to do so, you may lose your reservation fee. During the 40 business day reservation period the sale is secure and the seller is not able to accept other offers. By placing a bid, you are authorising the auctioneer to sign the reservation agreement on your behalf.
The sale of each Lot is subject to a reservation fee of 4.8% Inc VAT (or 4.2% Inc VAT in London), subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.
We will automatically charge you a minimum fee of £6,000, unless stated otherwise above (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer.
Full terms and conditions are available on the SDL Auctions website - sdlauctions.co.uk/wp-content/uploads/2019/04/SDL-Auctions_buyer-terms.pdf
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.