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Building Plot at Friar Street and Church Street, Sudbury, Suffolk, CO10 2AA

Lot no: 101 Withdrawn Post
 

Guide Price £50,000+ 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 26th November 2020

10.30am
Key Features
  • Freehold parcel of land with outline planning consent for the creation of a detached dwelling
  • Site extends to 0.07 acres
  • Predominantly residential area
  • Within walking distance of Sudbury train station and town centre
  • EPC Rating: N/A
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Withdrawn Post

Land

Property Description:

DRAFT DETAILS

The site comprises a near rectangular shaped plot which previously drew an income from 3 advertising boards. The site house outline planning consent for a single detached dwelling. Interested parties are advised to inspect the planning documents via the Babergh and Mid Suffolk District Council planning portal ref DC/20/02808. We have not been provided with a copy of the planning permission and interested parties must rely on their own investigations as to the suitability of the consent granted.

Location

The site is located within a predominantly residential area within walking distance of Sudbury Railway station and town centre.

Tenure

We understand that the property is Freehold. For further information in respect of tenure and any other legal aspects please refer to the legal pack.

Services

Services are believed to be available within the vicinity of the site; however, interested parties should independently satisfy themselves as to the availability and suitability of any services for their specific requirement.

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.

Value Added Tax

We are advised that VAT will not be chargeable on this transaction.

Viewings

Site is open for viewings

NOTE:

We have been advised by Suffolk highways that some of the land detailed in this plot may be subject to highway rights and nothing can be done with highway land without the consent of the highway authority.

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.