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Property Description
Being sold via Secure Sale online bidding. Terms & Conditions
apply. Starting Bid £350,000
Property Details
This property is being sold subject to unconditional
reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in
which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may
apply.
We strongly recommend buyers familiarise themselves with the
legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of
5% which contributes towards the overall purchase price of
the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation
fee of 3.75% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT)
This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has
opted to sell with no fees. As a result, a lower reserve price is
usually agreed on lots where a reservation fee is
applicable.
More Information
For more information call our auction experts on 0191 206
9335 or email
auctions@pattinson.co.uk">auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the
close of the auction. It is subject to the terms and
conditions of the auction which I have read and understood. I have
read and understood the legal pack applicable to my bidlot and
agree to be bound by any special conditions within that
pack.
If my bid is successful (whether as the highest bid or upon
acceptance by the seller in the course of the auction) I shall be
bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid
within 1 hour.
Please note that the bidding process will work in a different
way to an eBay auction, so there is NO advantage to bidding at the
last second.
Each auction will automatically stay open until there has not
been a bid within the final 10
minutes. If no bid has been submitted within the final
10 minutes of the auction, the auction will close and the
highest bidder will be successful subject to the reserve price
being met or upon acceptance of an offer by the seller
throughout the auction cycle. If there is another bid within
10 minutes of the last bid, the auction countdown timer will be
restarted for another 10 minutes to allow further bidding. This
system avoids last-minute (or second) bidding and makes for a
fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction,
delaying your bid to the last seconds may disadvantage you if your
connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech
issues, power outage or error messages which hampers or eliminates
an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been
lodged with the auctioneer. It is therefore beneficial
to bid on your chosen lot at your earliest
opportunity.
The auctioneer accepts no responsibility for bids that are
not received or are received late and reserves the right to
reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
?£250,001 to £750,000 - £2,500 minimum bid&
Details:
Please
login to view legal packs for this property.
Video Viewings:
If proceeding without a physical viewing please note that you must
make all necessary additional investigations to satisfy yourself
that all requirements you have of the property will be met. Video
content and other marketing materials shown are believed to fairly
represent the property at the time they were created.
Tenure Unexpired Years 106
If you‘d like to talk to us about this property, quote reference
5481172 when calling.
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