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Land to the rear of 15 Halpin Close, Calcot, Reading, Berkshire RG31 4RA

Lot no: 141 Re-entry to a future auction
 

Guide Price £20,000+ 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 25th March 2021

10.00am
Key Features
  • Freehold Land
  • Potential for future development (STPC)
  • Residential location
  • EPC Rating: N/A
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Re-entry to a future auction

Land

Property Description:

Freehold rectangular shaped site of approximately 125 m2 (1,348 sq. ft) with potential to erect 7 garages or a single dwelling subject to planning permissions and consents.

The land is situated to the rear of 15 – 18 Halpin Close which is located off Bath Road via Old Bath Road. Public transport links include Reading West and Reading mainline Rail stations to the east together with a network of local bus services serving the surrounding vicinity. Road links include the A4 which provides access into reading to the east and to junction 12 of the M4 Motorway to the west. Shopping amenities can be found locally at Calcot Retail Park and Ikea with a further range of shops, bars and restaurants being found in Reading town centre. Recreational pursuits can be found locally at the open spaces of Calcot Recreation Ground.

Tenure

We understand that the land 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.

Value Added Tax

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

Viewings

The site is open for viewings.

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.