* Freehold
This premises is ideally situated in the heart of the seaside town of Silloth.
The property has two external doors one leading into what is the shop area and
the other leading in to a hall with stairs to the first floor. To the first
floor is a kitchen area and a second room with built in storage. Outside to
the rear of the property are two good size outhouses and a outside w/c.
This property is for sale by the Modern Method of Auction. Should you view,
offer or bid on the property, your information will be shared with the
Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction
within 56 days of the draft contract for sale being received by the buyers
solicitor. This additional time allows buyers to proceed with mortgage finance
(subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a
non - refundable Reservation Fee. This being 4. 2% of the purchase price
including VAT, subject to a minimum of £6, 000. 00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be
considered as part of the chargeable consideration for the property in the
calculation for stamp duty liability. Buyers will be required to go through an
identification verification process with iamsold and provide proof of how the
purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents
in relation to the property. The documents may not tell you everything you
need to know about the property, so you are required to complete your own due
diligence before bidding. A sample copy of the Reservation Agreement and terms
and conditions are also contained within this pack. The buyer will also make
payment of £300 including VAT towards the preparation cost of the pack, where
it has been provided by iamsold. That services may be offered that will result
in a referral payment being made
The property is subject to an undisclosed Reserve Price with both the Reserve
Price and Starting Bid being subject to change.
Referral Arrangements The Partner Agent and Auctioneer may recommend the
services of third parties to you. Whilst these services are recommended as it
is believed they will be of benefit; you are under no obligation to use any of
these services and you should always consider your options before services are
accepted. Where services are accepted the Auctioneer or Partner Agent may
receive payment for the recommendation and you will be informed of any
referral arrangement and payment prior to any services being taken by you.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do
not constitute or form part of an offer or any contract and none is to be
relied upon as statements of representation or fact. The services, systems and
appliances listed in this specification have not been tested by us and no
guarantee as to their operating ability or efficiency is given. All
photographs and measurements have been taken as a guide only and are not
precise. Floor plans where included are not to scale and accuracy is not
guaranteed. If you require clarification or further information on any points,
please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to
be agreed with the seller. Potential tenants: All properties are available for
a minimum length of time, with the exception of short term accommodation.
Please contact the branch for details. A security deposit of at least one
month’s rent is required. Rent is to be paid one month in advance. It is the
tenant’s responsibility to insure any personal possessions. Payment of all
utilities including water rates or metered supply and Council Tax is the
responsibility of the tenant in every case.
WIG230162/8

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