Property description

Detached Property
Totally Unique
Former World War II Radar Station
Rural Location
Potential To Develop
Residential Permission

Auction Link - http://fbm.iamsold.co.uk/properties/54c7d1d1bcc144219334ba00d22d9d6d#sthash.spOXVpQ3.dpbs

Middle Folly is the most unique property FBM have as a listing. The property is a former World War II radar station and is situated in a remote, rural location between the coastal village of Nolton Haven and the village of Roch. The property has residential usage and the current owner has lived there for the past 30 years. The property is mainly underground but could be adapted to benefit from more natural light and potential further conversion. (subject to the appropriate permissions). A viewing is an absolute must to fully appreciate the rural position and uniqueness of the property. This property is being sold via an online auction. For further details call FBM today on 01437 762233.

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. 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 operated by - powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.