Lot 42 Substantial Freehold Mixed Use PropertyAuction Date:
7th February 2024
1 High Street, Launceston, Cornwall, PL15 8ER
A freehold double-fronted building situated in the historic town centre of Launceston, close to national retailers including Superdrug and Co-operative Food Store.
Most recently utilised as two ground floor commercial units with a substantial maisonette on the upper floors, the property now requires a programme of improvement.
Individuals may wish to consider conversion of the property to a single residential dwelling or sub-division of the maisonette to create two flats, subject to all necessary consents being obtainable.
Commercial Accommodation
The Big Shop - Ground Floor
Retail Space.
Basement
Storage space and W.C.
Unit B
Ground Floor
Shared access to front. Commercial space and W.C.
Maisonette
Ground Floor
Shared access to front.
First Floor
Landing, kitchen, dining room and cloakroom with W.C.
Second Floor
Landing, two bedrooms and bathroom with W.C.
Third Floor
Attic room.
Council Tax Band A
Local Planning Authority
Cornwall Council. Tel: 0300 1234 151. Website: cornwall.gov.uk.
There is an addendum available to be read
in conjunction with the legal documentation.
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
