Land
The site has planning permission to demolish the garages and erect a 3 storey building containing 6 apartments comprising 4x 2 bedroom and 2x 1 bedroom. Along with outside space and parking.
Planning granted in July 2016. More details can be found on Nuneaton and Bedworth Council website. Planning ref- 034193
The land currently houses 10 garages and parking area. Comprising of 8 standard size single garages and two large brick garages / workshops.
The garages are currently let on a short term basis and give an annual income of £5040.
Situated in a popular and convenient location close to Nuneaton town centre and train station.
A great development site to build and sell or build to rent.
Hall, Lounge/Kitchen, 2 Bedrooms & Bathroom
Hall, Lounge/Kitchen, 2 Bedrooms & Bathroom
Hall, Lounge/Kitchen, 2 Bedrooms & Bathroom
Hall, Lounge/Kitchen, 2 Bedrooms & Bathroom
Hall, Lounge/Kitchen, Bedroom & Bathroom
Hall, Lounge/Kitchen, Bedroom & Bathroom
Outdoor space containing bin store and car parking.
Freehold. Vacant possession upon completion.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
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 auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s 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
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.
.jpg)
