Detached Former Restaurant / Hotel with Redevelopment Potential STP

Not inspected by Auction House North West but understood to briefly comprise a detached former restaurant / hotel believed to extend to approximately 5,231 sqft (according to CoStar) over two floors. Externally the property benefits from a car park to the side and a grassed area to the rear, The total site area covers approximately 0.7 acres and may be suitable for development STP. NB - Images are from November 2021. There is no access therefore no viewings will be conducted. Location: The property is location within close proximity to both local amenities and transport links. Saxilby Station is approximately 0.2 miles and Hykeham Station is 5.4 miles away. Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Energy Efficiency Rating (EPC)

Current Rating B

Local Authority

Lincolnshire County Council

Solicitors

Moore Barlow, Ref: Moore Barlow

Offered in association with

Spicerhaart

Additional Fees

Buyer's Premium - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Administration Charge - No fee applicable.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.