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Land at High Lane East, West Hallam, Derbyshire DE7 6HZ

Lot no: 65 Withdrawn Post
 

Guide Price £270,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 26th July 2018

11.30am
Key Features
  • Land with Planning Permision for Two Executive Detached 4-5 Bedroomed Dwellings Ref: ERE/0815/0028
  • Close to Local Amenities & Schools
  • Excellent Commuter Links
  • EPC Rating: N/A
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Withdrawn Post

Land

Property Description:

We are delighted to offer to the market two plots of land at the Old Pavilion site adjoining the existing sports ground off High Lane East. Planning has been granted for two executive 4/5 bed detached dwellings on the site, the planning reference is ERE/0815/0028.

The site is located approximately 9 miles from Derby and 8 miles from Nottingham in West Hallam, a popular, picturesque village in Derbyshire which boasts a host of amenities including: Grocery shops, doctors surgery and pharmacy, a variety of eateries, retail and leisure facilities, a village public house, estate agent and hair and beauty salons . The village is extremely popular with all demographics, in particular families with school age children due to the highly regarded local primary and secondary schools.

The heart of the village is a conservation area and holds many community events, the most popular and well known being the Well Dressings which are held in the in the month of July.

NOTE

The Transferee, in conjunction with the erection of the two houses to be built on the property, has the right to upgrade the shared access way coloured blue, on plan no.1, to suit his requirements.

If, before proceeding with the upgrading works, the Transferee,
provides the Transferors surveyor with written details of proposed works, together with a breakdown of reasonable costings, on completion of these works to the reasonable satisfaction of the Transferors Surveyor, the Transferor will make a contribution of 50% of the total of the cost of these works plus the Transferors surveyors fees, up to a maximum figure of £3000.

Viewing

Sold in partnership with Margi Willis, for further details please contact them on 0115 930 5555.

Note - UR

UNCONDITIONAL WITH RESERVATION FEE 2% + VAT

Tenure:

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 Variable Fee (England and Wales).

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 fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 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.