Potential development comprising of a basement within a Grade II Listed building benefiting from a separate rear entrance with a front window that may convert to form a front entrance however interested parties should make their own enquiries.
The condition of the whole building has fallen below the standard of a Grade II listed building. Whereby we have been advised by the seller the main value of the property significantly exist in the future development of the large area of land which potential lends its self to future planning permission for new purpose built blocks of flats, in keeping with those already constructed prior to 45 Park Crescent Southport thereby being an ideal investment opportunity as well.
We have not inspected the property and potential purchasers should make their own enquiries.
We are advised by the seller that any future developer of the land at 45 Park Crescent would be subject to negotiation with the purchaser of the leasehold property at 7 Studley Court.
Sutton Kersh - Auctions
2 Cotton Street,
t. 0151 207 6315
f. 0151 207 6316
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An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,800 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.
You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees)