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Plot 5 Land at Selston Road, Jacksdale, Nottingham, NG16 5HR

Lot no: 16 Re-entry to a future auction
 

Guide Price £5,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 6th December 2018

11.30am
Key Features
  • A parcel of land with frontage to Selston Road
  • Approximately 0.57 acres
  • May hold future potential for development, subject to the necessary consents
  • EPC Rating: N/A
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Re-entry to a future auction

Land

Property Description:

DRAFT DETAILS

A parcel of land with frontage to Selston Road. The plot offers a buyer the opportunity to acquire a sizable parcel of land approximately 0.57 acres which may hold future potential for development, subject to the necessary consents. Purchasers are deemed to rely on their own inquiries with regards to planning permission.

Located off the north side of Selston road with direct road frontage. Selston Road lies close to the B6016 with the centre of Jacksdale lying to the south providing a range of local shops and recreational facilities. The area of Selston is well served by transport links with the A38 lying to the north and the M1 to the east providing access to Nottingham city centre.

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 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.