Residential Development
A superb residential development opportunity to acquire an attractive stone built former public house with planning permission to convert into four residential dwellings with associated parking, under planning reference 18/01281/FL granted by North-East Derbyshire District Council.
If built in accordance with the approved plans, the proposed accommodation will consist of four well proportioned two bedroomed apartments all with en-suite shower rooms arranged over the ground and first floor accommodation.
The existing ground floor accommodation in brief comprises a large public area with separate lounge bar area, male and female toilets along with a kitchen. The first floor accommodation currently consists of three bedrooms, lounge and bathroom. Outside to the side of the property there is a seating area with lawn.
We are advised that VAT will be chargeable on this transaction.
Freehold. Vacant possession upon completion.
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 (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
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 £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
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.
