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Guide Price: £450,000.00

Modern Method of Auction

Old Market House , 25 Long Street , Cerne Abbas , DT2 7JG

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AUCTION SOLD

Lot Number: 29843060

Property ID: 50026008

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

Guide Price

£450,000.00

Method of Auction

Modern

Property Type

House

Number Of Beds

5+

Tenure

Freehold Property

Address

Old Market House

Key Features

• Freehold
• Village Location
• Investment Opportunity
• Three Residential Flats & Shop/Restaurant
• Viewings Via Dorset Property
• Buyers Fee Applies
• Pre Auction Offers Considered
• Auction Pack Available On Request

Description

The Old Market House is a Grade II listed mixed use freehold which is situated within the sought after village of Cerne Abbas, in the heart of the Dorset aonb. The property would be an ideal investment for use as self contained holiday lets over the two residential floors and three flats, with a multitude of uses available over the ground floor including potential to develop a fourth flat (STPP).

The property comprises: Ground floor commercial space including shop floor, WC, two further rooms, a large former commercial kitchen with attached utility, courtyard garden. First floor flat 1 including living room, kitchen, bathroom with three suite and shower over bath, double bedroom, airing cupboard. First floor flat 2 including entrance hall, living room, kitchen diner, bathroom incorporating utility cupboard and three piece suite with separate shower, double bedroom, airing cupboard. Top floor flat 3 including entrance hall, open plan kitchen living and dining space, utility cupboard, bathroom, shower room with basin and toilet, two double bedrooms, single bedroom. All residential units are in good order requiring only light refurbishment, with full renovation including wiring and plumbing having been carried out in the recent past. All white goods are either integrated or freestanding and included.

**Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above a single figure guide price or if a guide price bracket is quoted the reserve will fall somewhere within those figures.

This property is offered for sale by the ”modern method of auction” through an Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The winning bidder, assuming the reserve is met, is granted exclusivity of the property at the winning bid price for 28 days in which they must exchange or the vendor is free to remarket the property and the reservation fee will not be returned. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. Nb: The reservation fees are payable in addition to the agreed price.

Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the ”legal pack”, if you choose to bid on the property you will be required to complete further identity checks for anti- money laundering purposes, provide card and solicitors details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

Property Brochure

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Property Auction Pack

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EPC

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Floor Plan

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**These particulars are produced by the advertising agent and not
verified by Whoobid, they are believed to be correct but their accuracy
cannot be guaranteed and they do not constitute an offer or form part of
any contract.**

Map Location

Property Location

Address: DT2 7JG

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Agent's Information

Name: Whoobid Auctioneers

Address: LONDON, Dorset, EC1V 2NX

Telephone Number: 01202 137200

Email: djacobs@whoobid.co.uk

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