Madford Lane, Launceston, Cornwall PL15

£65,000 Guide Price

  • Reference LAU250396

Features

  • For sale by public auction on Wednesday 12th November 2024 7.00pm at Lifton Strawberry Field, Lifton, Devon PL16 0DH
  • Prominent town centre commercial premises
  • Grade II listed property
  • Suitable for a variety of uses, subject to planning
  • Fantastic opportunity
  • Virtual tour available upon request
  • Auction pack available

Description

For Sale by Public Auction on Wednesday 12th November 2025 at Lifton Strawberry Fields, Lifton, Devon PL16 0DH at 7pm. Auction Guide Price £65,000. Prominent town centre Grade II commercial premises, suitable for a variety of uses, subject to planning. Fantastic opportunity.

A fantastic development opportunity which is located within the heart of Launceston town centre offering huge potential. The property is Grade II listed and is set across two floors.

Location
Located in the heart of Launceston the property is conveniently located for easy access to the social, commercial and shopping facilities of the town centre. Launceston enjoys a good balance of travel distance east and west to the pretty cities of Exeter and Truro with Plymouth being a similar distance to the south. There is good access to the M5 motorway link at Exeter with Intercity Rail link and International airport. Plymouth has Intercity Rail Link and Continental Ferry Port. There is scenery of outstanding natural beauty in all directions easily reached from the town. To the east are the wild open spaces of Dartmoor National Park, running south towards Plymouth are the hidden treasures of the Tamar Valley steeped in 18th Century mining history. To the west is Bodmin Moor ideal for walking and riding and to the north the rugged North Cornish coastline with surfing beaches and quaint former fishing villages.

OUTSIDE
Opposite the front of the property there is limited time free parking and a disabled bay in the front of the premises and just along the street a loading bay.

AUCTION VENUE
Lifton Strawberry Fields, Lifton, Devon PL16 0DH on Wednesday 12th November 2025 at 7.00pm.
 
REGISTRATION
Please note ALL BIDDERS, including Kivells existing clients, will need to register with Kivells on the night of the auction in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the “Regulations”) - as of 26th June 2017. Bidders will be required to provide one form of government issued photographic identity and a utility bill addressed to them at their home address, dated within 3 months of the date of the auction. Failure to do this, may prejudice your ability to bid on the night.

ONLINE BIDDING
Online bidding registration will be available 10 days before each auction and all bidders must register at least 48 hours prior to the auction. For further information, please visit your local Kivells office.
 
BUYER’S ADMINISTRATION FEE
All successful buyers at Kivells’ Property Auctions should note that on exchange of contracts, a Buyer’s Administration Fee of £2,000 plus VAT (Total: £2,400 inc VAT) is payable to Kivells on the night of the auction. This fee can be paid by either bank transfer, personal cheque or direct card.
Please note, if the lot is sold prior to auction, or afterwards, these fees remain payable. There are no discounts for multiple lots purchased and you must consider this when bidding/offering prior.

All interested buyers are advised to review the Auction Legal Pack prior to bidding. This can be obtained from the Kivells website and is free to download. Any fees that are owed in addition to the buyer's administration fee will be included within the legal pack.




VENDORS SOLICITOR
Mr Chris Abboud of Ashfords solicitors, Ashford House, Grenadier Road, Exeter EX1 3LH. Email: c.abboud@ashfords.co.uk Telephone: 01392 333812

AUCTION PAYMENT
At the fall of the gavel the contract is legally binding and a 10% deposit (subject to a minimum fee of £5,000) will be required to be paid by the successful bidder. The deposit has to be paid to Kivells as auctioneers and can only be paid in the form of a cheque or bank transfer.
 
The deposit is also payable for all lots that are sold prior to auction. ALL bidders must only bid if they can make this payment.
 
Cheques must be drawn on a bank or branch of a bank in the United Kingdom, any other cheques may be rejected and it will be the responsibility of the purchaser to ensure they have the correct method of payment available at each auction.

LOCAL AUTHORITY
Cornwall Council, Chy Trevail, Beacon Technology Park, Bodmin, Cornwall PL31 2FR.
 
EASEMENTS, WAYLEAVES AND RIGHTS OF WAY
The property is offered for sale, subject to and with the benefit of all matters contained in or referred to in the Property and Charges Register of the registered title together with all public or private rights of way, wayleaves, easements and other rights of way, which cross the property.

BOUNDARIES
Any purchasers shall be deemed to have full knowledge of the boundaries and neither vendor nor the vendor’s agents will be responsible for defining the boundaries or the ownership thereof. Should any dispute arise as to the boundaries or any points on the particulars or plans or the interpretation of them, the question shall be referred to the vendor’s agent whose decision acting as experts shall be final.
 
GUIDE PRICES
Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation. The reserve price is the minimum price at which the
property can be sold, both the guide price and reserve price may be subject to change up to and including the day of the auction. Please note that all prices listed, whether prior to or post auction, are subject to contract.
The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.
 
The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

Rateable Value - As outlined on the Government website the rateable value is £6,200.
Services - It is thought that there is a mains electricity and water supply.
Tenure - Freehold.
Directions - What3Words: waxer.promising.issue
Viewings strictly by appointment only
Please ring 01566 777 777 to view this property and check availability before incurring travel time/costs. Full details of all our properties are available on our website www.kivells.com.

Disclaimer - Kivells, their clients, and any joint agents give notice that they are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, boundaries, measurements, or distances are approximate. The text, photographs, CGI’s, and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation, or other consents, and Kivells have not tested any services, equipment, or facilities. The property is sold subject to all matters in the Property and Charges Register, including rights of way, wayleaves, and easements. Purchasers are deemed to know all boundaries; neither the vendor nor agents will define them. Boundary disputes will be decided by the vendor’s agent. Nothing in these particulars constitutes financial advice. Seek your own financial advice. Using Mortgage Genies SW Ltd. services will result in a referral fee of £250 + VAT to Kivells. Kivells retains copyright to all sales particulars, photographs, floor plans, sketches, and advertisements.

Documents

Location

Launceston

2 Broad Street, Launceston, Cornwall, PL15 8AD

Request a Viewing

Register For Property Updates