DNG Connaughton Auctioneers
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https://www.lslproperty.com/PropertyLotDetail-CONNAU-5012820
Selling By Live Auction
Lot: 1, Residence on c. 10 Acres, Monksland, Athlone, Co. Roscommon. N37 KX47
DNG Ivan Connaughton offer to market this prime property comprising three bedroom residence standing on c. 10 acres of strategically located lands zoned 'New Residential' in the Monksland-Bealnamullia Local Area Plan. Located within walking distance of all amenities and close to Athlone Town Centre and the M6 Dublin to Galway Motorway, these lands command extensive road frontage and potential for high density housing due to location. The residence sits to the front of the lands and is in need of modernisation and the overall property is being sold as one lot.
Enquiries in confidence to sole selling agents to DNG Ivan Connaughton.
Legal: Owen Carty Solicitor, Owen Carty & Co. Solicitors Northgate Street, Athlone. Tel: 090-6472862
Important Info / Terms and Conditions
• Legal Documentation:
It is important to consult your solicitor in relation to the Contracts / Conditions Of Sale of the property before bidding as you will become legally bound by the said Contract / Conditions Of Sale if you are the highest bidder and the property is knocked down to you.
• Registration:
Registration: In order to bid at the auction, it will be necessary to register with the Auctioneer before the date/ time as outlined by the Auctioneer. The auctioneer assumes the bidder is bidding for himself/herself. If the bidder intends to purchase a Lot in a name other than his or her personal name, arrangements must be made with the auctioneers in advance. By registering you are deemed to have accepted the terms and conditions of the auction and authorize us, as agents for the vendor, to sign the completed Contract for Sale on your behalf.
• Reserve Price:
The price agreed between the vendor and the auctioneer at which the property can be sold. In the event of the property not reaching the reserve, the auctioneer will deal exclusively with the highest bidder (for half an hour following the auction) in order to realise a satisfactory sale. If a deal is not concluded, then the auctioneer may deal with the under-bidders and any other interested parties following that period of negotiation.
• Deposit:
A deposit of €50,000 is required in order to bid for any Lot. This is payable in advance of the auction (Minimum two days before the auction) by online bank transfer to DNG Ivan Connaughton. The successful bidder's deposit will become non-refundable as soon as the property is sold and a binding Contract is entered into and the agents are hereby authorised to sign the Contract For Sale on your behalf. The deposit payable on the signing of the Contract is 10% of the purchase price. If there is a shortfall in the deposit furnished by the purchaser prior to the auction, then the purchaser shall be required to lodge the balance of the deposit with the auctioneers within 1 business day of the online auction. If you are not the successful purchaser, your deposit will be returned to you (in full). For further details contact DNG Ivan Connaughton on 090 666 3700
• General Conditions:
The highest bidder to be the purchaser, subject to the right of the owner to withdraw the property should the reserve not be met.
The Particulars and Conditions of Sale may change prior to the auction and it is the sole responsibility of the bidder to make sure they have the latest version.
The auctioneer reserves the right to sell the property prior to auction, withdraw the property from auction, change the order of the Lots, or consolidate the Lots without any notice to any prospective purchaser.
• LSL Online Platform:
Neither DNG Ivan Connaughton or LSL Online Auctions, their servants or agents shall be responsible in any manner whatsoever, whether in contract law, tort, common law or otherwise for any loss arising in whatever fashion as a result of loss of internet connectivity during the auction process. The bidder accepts that such contact is at the bidder’s own risk and in the event that the internet link is not established or breaks down, or if there is any confusion or disruption, then the bidder will not be able to participate in the auction.
• Solicitor for the Carriage of Sale – Owen Carty & Company, Solicitors, Northgate Street, Athlone, Co. Westmeath. Tel: 090-6472862
It is important to consult your solicitor in relation to the Contracts / Conditions Of Sale of the property before bidding as you will become legally bound by the said Contract / Conditions Of Sale if you are the highest bidder and the property is knocked down to you.
• Registration:
Registration: In order to bid at the auction, it will be necessary to register with the Auctioneer before the date/ time as outlined by the Auctioneer. The auctioneer assumes the bidder is bidding for himself/herself. If the bidder intends to purchase a Lot in a name other than his or her personal name, arrangements must be made with the auctioneers in advance. By registering you are deemed to have accepted the terms and conditions of the auction and authorize us, as agents for the vendor, to sign the completed Contract for Sale on your behalf.
• Reserve Price:
The price agreed between the vendor and the auctioneer at which the property can be sold. In the event of the property not reaching the reserve, the auctioneer will deal exclusively with the highest bidder (for half an hour following the auction) in order to realise a satisfactory sale. If a deal is not concluded, then the auctioneer may deal with the under-bidders and any other interested parties following that period of negotiation.
• Deposit:
A deposit of €50,000 is required in order to bid for any Lot. This is payable in advance of the auction (Minimum two days before the auction) by online bank transfer to DNG Ivan Connaughton. The successful bidder's deposit will become non-refundable as soon as the property is sold and a binding Contract is entered into and the agents are hereby authorised to sign the Contract For Sale on your behalf. The deposit payable on the signing of the Contract is 10% of the purchase price. If there is a shortfall in the deposit furnished by the purchaser prior to the auction, then the purchaser shall be required to lodge the balance of the deposit with the auctioneers within 1 business day of the online auction. If you are not the successful purchaser, your deposit will be returned to you (in full). For further details contact DNG Ivan Connaughton on 090 666 3700
• General Conditions:
The highest bidder to be the purchaser, subject to the right of the owner to withdraw the property should the reserve not be met.
The Particulars and Conditions of Sale may change prior to the auction and it is the sole responsibility of the bidder to make sure they have the latest version.
The auctioneer reserves the right to sell the property prior to auction, withdraw the property from auction, change the order of the Lots, or consolidate the Lots without any notice to any prospective purchaser.
• LSL Online Platform:
Neither DNG Ivan Connaughton or LSL Online Auctions, their servants or agents shall be responsible in any manner whatsoever, whether in contract law, tort, common law or otherwise for any loss arising in whatever fashion as a result of loss of internet connectivity during the auction process. The bidder accepts that such contact is at the bidder’s own risk and in the event that the internet link is not established or breaks down, or if there is any confusion or disruption, then the bidder will not be able to participate in the auction.
• Solicitor for the Carriage of Sale – Owen Carty & Company, Solicitors, Northgate Street, Athlone, Co. Westmeath. Tel: 090-6472862
Please use the form below to contact the agent
Contact Agent
Contact DNG Connaughton Auctioneers on +353 90 666 3700