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Land Adjacent to 5 Orchard Road, Kirkby in Ashfield, Nottinghamshire NG17 8JX

Lot no: 22A Sold After Auction
 

Guide Price £50,000+ plus fees

Conditional with Reservation FeeOn the fall of the hammer, the successful bidder will enter into a Reservation Agreement with the seller and be granted an exclusivity period of 60 days to purchase the property (unless the Special Conditions of Sale specify a different timescale). The successful bidder must use the exclusivity period to proceed to exchange of contracts and complete the purchase. On the fall of the hammer, the successful bidder must immediately pay a non-refundable Reservation Fee of 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 Reservation Fee is subject to a minimum of £6,000.

Thursday 21st November 2019

11.30am
Key Features
  • Building Plot
  • Outline Planning for One Dwelling
  • Ashfield District Council Planning Portal under the reference v/2019/0320 which was approved 24/06/2019
  • Close to Conservation Area
  • EPC Rating: N/A
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Sold After Auction

Land

Property Description:

The plot of land adjacent to No 5 Orchard Road is located on a quiet cul-de-sac road and is currently arranged in 3 tiers. The rear of the plot is private and looks out onto an elevated view over Kirkby in Ashfield.

The plot is offered with outline planning for 1 dwelling with a garage, with space to include off-road parking. Details of the planning application can be found on the Ashfield District Council Planning Portal under the reference v/2019/0320 which was approved 24/06/2019.

The plot for sale is within walking distance of a conservation area, at the junction of Church Street, Chapel Street and Sutton Road, is Kirkby Cross. This is the remains of a thirteenth-century village cross in dressed stone, and is a listed structure and designated ancient monument. It is thought the cross has been in place since 1218, some years before the village was granted a market and fair.

Orchard Road is situated, off Chapel Street in an enviable location moments from local amenities and offers an excellent school catchment area for both primary and secondary Schools.
Transport routes from the plot include offer close access to the A38 with links to, Sutton in Ashfield, Mansfield and to Derby and M1 junction 28 and within walking distance for Kirkby Railway Station for links into Nottingham.

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:

See Legal Pack.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Conditional with Reservation Fee (England and Wales).

Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 40 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Fees:
The following non- refundable auctioneers fee applies:
• Reservation 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.