Property description
AGENTS NOTES The development offers huge potential for country living with plentiful secondary space by way of an annex, workshops/hobby space, or business use (s.t.p), or equally a buyer may choose to seek planning permission to allow the Barn to be separated as a separate dwelling.
Please be aware that children will not be permitted to enter the Barn due to its level of dilapidation, and must be accompanied on site at all times.
AUCTIONEERS NOTES 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 90 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% plus VAT subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal 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 The East Anglia Property Auction powered by iam-sold Ltd.
TO VIEW OR MAKE A BID Contact Abbey Sales and Lettings or visit: www.iam-sold.co.uk
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