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Langley Marina Site, Derby Road, Langley Mill, Eastwood, Nottinghamshire NG16 4AA

Lot no: 41 Re-entry to a future auction
 

Guide Price £138,000+ 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.

Friday 25th October 2019

11.30am
Key Features
  • Development land with lapsed outline planning for Marina, Hotel and Apartments
  • Approx. 2.8 hectares (6.9 acres)
  • Close to local shops and amenities
  • Excellent road links to the M1 motorway
  • EPC Rating: N/A
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Re-entry to a future auction

Commercial Development

Property Description:

DRAFT DETAILS AWAITING VENDOR APPROVAL. The land was previously bought for the purpose of an open cast mine in the late 1990’s. The mining of the land was going to form the marina itself, however following the demise of the coal industry, the coal was never extracted and the marina development, with supporting infrastructure, never went ahead.

The land therefore may suit re-development for a multitude of different uses as described but may also suit hard standing/storage land, all subject to securing the necessary planning consents. All planning enquiries should be made to Amber Valley Borough Council.

Site Area: 2.8 hectares (6.9 acres) approx.

NOTE

The site boundary is edged in green on the illustrated plan.

Location

The subject land lies adjacent the A610 with direct links to the M1 motorway. The area is a mix of residential, industrial and local business, as well as the existing Langley Mill boat yard/marina. Langley Mill is a small town in the Amber Valley district sitting on the border of Derbyshire and Nottinghamshire.

Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

Tenure:

Freehold.


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.