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Commercial Development in Eastwood

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

Lot no: 24 Property type: Commercial Development Auction type: Unconditional with Fixed FeeWhere exchange occurs immediately on the fall of the gavel. The successful bidder will be legally obliged to exchange contracts, pay a 10% deposit (subject to a minimum of £5,000) together with the buyers fee of £1074 and complete within a set time period.

Guide Price* £110,000+plus fees Result Sold at Auction £120,000



A unique opportunity to acquire a brownfield site that previously had outline planning consent for a marina, a hotel and nine apartments which has now lapsed.

Property Description

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 redevelopment 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.


Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.

Energy Performance Certificates
EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.

Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.

Auction Fees
The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.