Property Details

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FOR SALE

PART COMPLETED FLAT DEVELOPMENT - FULLY AVAILABLE

FREDERICK STREET, WIDNES, WA8 6PE

0161 839 6409

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General

BEMBRIDGE DEVELOPMENTS LIMITED – LPA RECEIVERS APPOINTED
Grace House, Frederick Street, Widnes, WA8 6PE

SUBJECT TO CONTRACT

LEGAL PACK MAY BE DOWNLOADED ABOVE.

On behalf of the Joint LPA Receivers we are instructed to dispose of the above part completed freehold residential apartment development.

The development is situated on Frederick Street, in an established residential location on the Northern outskirts of Widnes Town Centre.

The property comprises a substantially complete three storey development of 24 apartments, on a self contained site with car parking and gardens.

All stages of the development have been inspected by NHBC.

The services are connected and previously the heating and hot water systems have been tested.

Work ceased on the development in 2007 and subsequently the interior has been vandalised, including flooding of the basement area.

Regarding planning consent, there is an outstanding highway condition that needs to be complied with and interested parties should make their own enquiries of Halton Borough Council.

Reduced scale architects drawings may be downloaded above.

We are instructed to invite best and final unconditional offers for the above freehold property.

Offers are to be addressed for the attention of Jonathan Brownlow, at Wignall Brownlow,
334 Deansgate, Manchester, M3 4LY, to reach this office by 12 noon on Friday 16 April 2010.

The guide price is £1,250,000, subject to contract.

Offers should be:

1. For a fixed sum, preferably for an uneven amount in order to avoid the submission of identical bids.

2. Confirm your ability to proceed as our client wishes to achieve exchange of contracts within 10 working days of the issue of draft contracts, with completion within 10 working days thereafter.

3. State the identity of the solicitor who will represent you in the purchase.

4. Provide a letter from your bankers or a suitable side letter confirming funding is achievable for the purchase. If the acquisition is reliant upon third party funding, please provide confirmation that you have the necessary balance of funds held on deposit, i.e. minimum 30% of the purchase price.

Please note that escalating bids and bids made by reference to any other offer received will not be entertained. The Vendor does not undertake to proceed with the highest or indeed any offer received.

On exchange of contracts 10% of the purchase price will be required by way of a non returnable deposit.

We look forward to receiving your best and final unconditional offer on or before the due date and take this opportunity to thank you for your interest so far.

Should you wish to inspect the site, or require further information, do not hesitate to contact Jonathan Brownlow on 0161 839 6409, or e-mail jdb@wignallbrownlow.co.uk.

We look forward to hearing from you.

Yours faithfully

JONATHAN BROWNLOW
For and on behalf of
WIGNALL BROWNLOW LLP

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