Land at Holme Lane Winthorpe, Newark, Nottinghamshire, NG24 2NU

  • Unconditional Online Auction Sale
  • Guide Price* : £37,000 Plus Fees

FOR SALE BY UNCONDITIONAL ONLINE AUCTION


  • Paddock Land extending to 2.9 acres.
  • Ideal for Equestrian use
  • 5 miles from Newark town Centre.
  • Excellent road links to the A46 and A1 Motorway

Property Description

FOR SALE BY UNCONDITIONAL ONLINE AUCTION

Paddock/Equestrian Land For Sale

An opportunity to acquire a regular shaped grass paddock extending to around 2.9 acres
on the edge of the village of Winthorpe near Newark. An ideal opportunity for equestrian/livestock grazing with road frontage onto Holme Lane.

The land is being offered freehold with vacant possession and has been divided by post and rail fencing into 3 separate paddocks, a Ménage, an open fronted stable block and a car parking area. There is a 9 bar gate securing the entrance to the site.

Planning permission for Change of use from agricultural to the keeping of horses, erection of a hay store (Retrospective), erection of 3 No. stables and a tack room and construction of an area of hardstanding for Horse Box. Full details can be found on the Newark and Sherwood planning portal, under application reference 18/00183/FUL

Directions
From the A46 Newark Showground roundabout take the A1133 towards Collingham. Then take you next left hand turn onto Gainsborough Road towards Winthorpe. Proceed on this road and take your third right turn onto Holme lane where the land can be found on your left as you leave the village.


Tenure
See Legal Pack

*Start Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also known as a Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms which is available to download on our SDL Auctions website.


Viewing Details

By arrangement with the auctioneer 0345 319 2162.


Energy Performance Certificates

EPCs can be viewed in the Related Documents section on our website or in the legal pack.


Auction Type: Unconditional with Variable Fee

Every online bidder must first create an account via the SDL Auctions website, in the online auction section. This is a very quick and simple process. In order to bid, you will need to be authorised for money laundering purposes, this will be carried out at the registration stage. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.

Once you have registered, you will be able to search, download legal documents, arrange site viewings and contact the Auctioneers and the solicitors if you have queries on the property.

If the reserve is met or exceeded when the auction timer ends, the successful bidder is charged a 5% deposit (subject to a minimum fee of £5000) and exchange takes place. At this point, you will be legally obliged to buy the property for the full purchase price. The deposit contributes towards the purchase price.

The sale of this lot is subject to a buyers fee of 4.8% including VAT or 4.2% including VAT in London, subject to a minimum of £6,000 including VAT. This does not contribute towards the purchase price and is payable on the fall of the hammer.

Therefore we will automatically charge you a minimum fee of £11,000, (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a buyers fee and deposit. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer.

By placing the bid, you are authorising the auctioneer to sign the contract of sale on your behalf.

Full terms and conditions are available on the SDL Auctions website.


Joint Agent

SDL Auctions



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Sold prior for £30,000

This auction lot is now closed.

Auction Ended

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Joint Agent

For viewings please contact:
SDL Auctions
0345 222 0197

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