1. Prospective purchasers should be aware that there is a right of way which is to be reserved from the Vendor's title which will be through the existing entrance off Lyndhurst Road and in to 10 Elmsley Road approximately one third of the way through along the sandstone boundary wall. Further details will be within the legal pack
2. In relation to the restrictive covenants referred to in the charges register contained within a Deed dated 11th August 1876. The original Deed nor a certified copy or examined abstract was not produced on first registration so on completion the Vendor will provide title indemnity insurance to cover any potential liability arising out of those restrictive covenants.
3. An application has been made to close the leasehold title in relation to the Carleton House School Lease. The leasehold title will be closed and the note of it removed from the title on or before completion
The guide price has been increased to £550,000+
A residential redevelopment opportunity with planning permission to convert the former school into 6 flats and convert the existing coachhouse into a self contained dwelling. The property comprises a substantial detached former school arranged over lower ground, ground, first and second floors. The overall site area is 0.30 ha (0.73ac) or thereabouts and comprises gardens and a former coach house.
Sutton Kersh - Auctions
2 Cotton Street,
t. 0151 207 6315
f. 0151 207 6316
Disclaimer: On some client's instructions not all properties are available to purchase prior to auction however we will submit all offers on your behalf.
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.
The successful purchaser will also be required to pay a Buyer's Administration charge of 1% of the purchase price subject to a minimum fee of £1,000 + VAT (£1,200 including VAT @ 20%) (unless stated otherwise within the property description in the catalogue) on each Lot.
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)