For sale by Unconditional Online Auction.

Development opportunity. A freehold parcel of land in Selston with planning for two residential dwellings.

An excellent opportunity to purchase a freehold parcel of land measuring 131 sqm with approved planning permission for two two-bedroom properties. The site is located in a popular residential area with excellent amenities and services nearby including shops, schools, transport links and selection of outdoor spaces.

Further planning information can be found on Ashfield government website. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Note Land registry is registered as Land And Buildings Adjoining 114 Station Road, Selston.
Note Please be advised that the auctioneers have not personally inspected the land. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Draft Sales Details These sales details are awaiting vendor approval.

Tenure: Freehold

EPC Rating: Exempt

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT). 

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The 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.