***THIS PROPERTY WILL BE OFFERED FOR SALE BY AUCTION ON THE 27th of NOVEMBER at the Cedar Court Hotel in WAKEFIELD, WF4 3QZ. REGISTRATION FROM 6.30PM, AUCTION STARTS AT 7PM**
A former public house with residential accommodation extending to some 3423sqft/318sqm and occupying a rather extensive plot. Of particular interest to the investor and business person but equally to the home owner looking for something unique. With accommodation over four levels, the building comprises; Ground floor entrance into the pub with lounge bar, second lounge and tap room, rear hall, kitchen, ladies and gents cloakrooms and side entrance hall. Cellars and boiler room to the lower ground floor. First floor reception room, dining kitchen, two bedrooms and bathroom with two further bedrooms to the second floor.
EPC Rating C
*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.
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.
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.
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 £220.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
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.
Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.
Entrance Vestibule Front facing double doors opening into the pub with internal doors to the left leading through into the lounge bar with atrium and to the right leading through into a second lounge bar and tap room area. Lounge Bar 10.52m x 6.50m (34' 6" x 21' 4") With front facing twin aspect Georgian style windows and double glazed atrium. Warm air ducted heating. Central bar area. Rear Hall With access to the ladies and gentlemen's cloakrooms and out into the rear garden. Lounge/Tap Room 9.59m x 6.17m (31' 6" x 20' 3") Front facing Georgian style window and open fire to the lounge area. To the tap room, a side facing window and wooden floor. Ducted warm air central heating throughout. Kitchen 3.56m x 4.44m (11' 8" x 14' 7") With some stainless steel fittings and extraction. Rear facing service doors. Ladies Cloakroom 3.52m x 1.93m (11' 7" x 6' 4") With two separate wc's and two vanity wash hand basins. Two, rear facing windows and radiator. Gentlemen's Cloakroom 4.53m x 3.80m max (14' 10" x 12' 6" max) Having one wc and four urinals together with two wash hand basins. Rear and side facing windows and radiator. Rear Entrance Hall With a side door, two windows and radiator. Access into the basement rooms and staircase up the living accommodation. Cellars & Boiler Room Comprising of a central large cellar with vaulted room 4.54m x 4.60m (14' 11" x 15' 1"), beer store 4.40m x 3.41m (14' 5" x 11' 2") and boiler room 2.81m x 3.01m (9' 3" x 9' 11") having both power and light. Lounge 4.64m x 3.54m (15' 3" x 11' 7") Front facing double glazed window and central heating radiator. Dining Kitchen 4.34m x 3.50m (14' 3" x 11' 6") Dual aspect, front facing windows and radiator. Wall and base units with work surfaces over and sink. Space for a range of white goods and store cupboard with window. Bedroom One 3.67m x 4.27m (12' x 14') A double sized bedroom with front facing window and radiator. Bedroom Two 2.97m x 3.36m (9' 9" x 11') Front facing window and radiator. Bathroom 3.22m x 1.55m (10' 7" x 5' 1") Side facing window and radiator. White close coupled wc, pedestal wash hand basin, panelled bath and shower cubicle with complementary wall tiling around. Landing With access into two further bedrooms. Bedroom Three 4.63m max x 5.07m max (15' 2" max x 16' 8" max) Front facing window and radiator. Bedroom Four 4.05m x 4.57m (13' 3" x 15') Front facing window and radiator. Gardens To the rear of the building extends a covered area with two elevated decked patios leading to an extensive lawned garden with fence and hedge boundaries and gated access. Forecourt Parking To the front of the building extends a forecourt offering parking for multiple vehicles.
This property is sold subject to payment of a non-refundable reservation fee of 4.2% to a minimum of £6,000.00 including VAT.
Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.
A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.
This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.
A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 28 day period following the auction or the date of acceptance of the offer.
Any deposit, reservation deposit or reservation fee outlined above, is required to be paid immediately by the successful bidder on fall of the hammer and in cleared funds.
We accept Bank Draft made out to "iamsold", or debit or credit card or any mix of these.
If paying by debit or credit card, please call your bank ahead of the auction to ensure that there will be no difficulty with payment or card limits.
If the Buyer Information Pack has been produced and provided by iamsold any successful purchaser will be required to pay £220.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
For further information or to speak to one of our team, please call 01709 717 191.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.