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Land at The Croft, Lairg, Sutherland, IV27 4DN

Lot no: 91 Re-entry to a future auction for £55,000
 

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, pay a 10% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1074, and completion must take place within 20 business days, unless the Special Conditions of Sale state otherwise.

Thursday 27th May 2021

10.00am
Key Features
  • 51 acres or thereabouts of land located in Lairg
  • Planning in principal for a four bedroomed detached property with garage
  • Elevated position with views out over Loch Shin
  • Multiple alternate uses (stpc)
  • EPC Rating: N/A
  • Excellent opportunity
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Re-entry to a future auction for £55,000

Land

Property Description:

DRAFT DETAILS

51 acres or thereabouts of grazing land benefitting from planning in principal for the creation of a four bedroomed detached property with garage. The auctioneers have not inspected the site but believe The croft is situated in an elevated position with views out over Loch Shin, the surrounding hills and countryside. 0.27 hectares de-crofted for the residential building. We feel the land has multiple alternate uses such as for glamping/ camp site/ pods and long-term potential for development subject to necessary planning consents and de-crofting.

Description

The land is mainly heather with self-seeded birch, scots pine and other native species growing on site. There is evidence of peat on site which may interest crofters cutting peat for their own fuel needs (Intendent Checks should be carried out). An access road has been constructed from the main road to the house plot and then continuing along part of the southern boundary of the croft.

Interested parties are advised to inspect the legal pack and the planning portal via the Highland Council reference number 18/04488/PIP

Location

Croit Pasqaule is situated just of the A838 at Achnairn near the village of Lairg in The Highland’s of Scotland. Lairg is approximately five miles from the site and offers local shops and other retailers with Inverness approximately an hour away.

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

Direct on site.

Occupancy

Vacant.

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:

Feuhold.


Auction Method:

This auction is for property located in Scotland; therefore, any sale will be governed by applicable Scottish law.

The auction for this property will take place as an “Auction Event” behind closed doors with a live auctioneer and will be streamed online in real-time. The property will be sold alongside several other lots. Bids must be placed remotely- please see “Registration Process” below. The auction can be watched in real-time on the auction date on our home page: https://www.sdlauctions.co.uk/

The auction date applicable for the property is displayed on the top right of this page. It is not possible to provide a precise timeslot when this property will be auctioned on the day, because there are other lots being sold.

You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.

When you place your bid, you are deemed to have agreed to our Buyers Terms (Scotland).

Auction type – Unconditional with Fixed Fee

If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 20 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.

Auction Fees

The following standard non-refundable fees apply:

  • Buyer’s Fee- payable on exchange of contracts. This is usually £1074 including VAT, subject to the Special Conditions of Sale. This fee does not contribute towards the purchase price of 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 Special Conditions carefully before bidding. Any additional fees are included at the seller’s discretion, not on the instruction of SDL Auctions, and will be in addition to any fees payable to us. SDL Auctions has limited control over the content of the Special Conditions of Sale.

Deposit

On exchange of contracts, you must pay a non-refundable deposit equal to 10% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.

Payment Method:

Applicable fees must be paid immediately after a winning bid has been placed. We do not accept payment by cash or cheque. Prior to the auction, we will email you to register your card details with our third-party provider, Stripe. Your card details will be stored on their secure online payment platform. Payment will only be taken from you in the event of a winning bid. In this case, you will be contacted by one of our representatives to make payment. If we cannot make contact with you within 24 hours after the auction ends, we reserve the right to charge your card.

Legal Pack

Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.

The Legal Pack can be viewed on this page, where there is a sub-heading “Legal pack”. Follow this link, and you will then be directed to create an account with Auction Passport to view the documents.

The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. An addendum may be issued outlining any late changes. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.

It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.

Home Report

A home report will be provided for residential properties and will give you a better understanding of the nature and condition of the property. The home report will contain: a survey assessing the condition of the home and valuation, an energy report, and property questionnaire.

The home report can be viewed on this page, where there is a sub-heading “Legal pack”. Follow this link, and you will then be directed to create an account with Auction Passport to view the documents.

Articles of Roup

The Articles of Roup are the general terms of sale for properties sold at auction in Scotland that will govern this transaction. They are available to view here.

The Auction Conditions listed on our website do not apply to properties sold under any of our Scottish sale methods.

Special Conditions of Sale

The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property – they are not part of SDL Auctions’ terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.

Registration Process:

T To register to bid on the property, you must submit your remote bid here: https://www.sdlauctions.co.uk/remote-telephone-proxy-bidding/. There is also a link to register against the property details, where you will also find the lot number for the property. Prospective bidders must register no later than 12pm the day before the auction date. If you register after the cut-off, it cannot be guaranteed that your registration will be processed.

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.