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Land at 56 Coppice Side, Swadlincote, Derbyshire DE11 9AA

Lot no: 10 Sold After Auction
 

Guide Price £130,000+ 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 28th July 2022

10.00am
Key Features
  • Cleared development site
  • Planning for three houses
  • Close proximity to Town Centre
  • EPC Rating: Exempt
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Sold After Auction

Land

Property Description:

A development site located close to the town centre of Swadlincote. The site has been cleared in readiness for building. We have been informed by the vendor that the house on the land has been demolished and therefore this validates planning. The vendor has also informed us that the property is situated with many developers buildings nearby and there is an almost identical scheme right next door. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.

The current planning permission is for one detached house to the front of the site and a pair of semi-detached houses to the rear along with associated gardens and parking.

Planning ref - 9/2017/0779 All enquiries should be made to South Derbyshire Council. However, there is a further parcel of land included in the sale which may offer scope for additional properties, subject to planning permission. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.

The architect plan shows the potential site with five properties.

The land is within less than a mile to amenities including, the town shops, bars, restaurants, cinema and leisure centre.

Tenure:

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.