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Land on the east side of Ratton Street, Hanley, Stoke-On-Trent, West Midlands ST1 2HH

Lot no: 76 Re-entry to a future auction
 

Guide Price £250,000+ 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
  • The site is located on the east side of Ratton Street
  • The M6 motorway is easily accessible to the west, providing access to both Manchester and Birmingham
  • Train station is within 1.7 miles of the site
  • Planning for the creation of 42 Units
  • Stoke On Trent Council planning number 63896/FUL
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Re-entry to a future auction

Land

Property Description:

DRAFT DETAILS

A freehold parcel of land benefiting from full planning consent for the creation of 42 Apartments and associated parking located along Ratton Street Stoke on Trent.

The site is close to public transport, along with a range of local shops and amenities along Potteries Way. The Potteries Shopping Centre is also located within walking distance from the site.

Interested parties are advised to inspect the legal pack and the planning portal of Stoke On Trent Council number 63896/FUL

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.

Please be advised that the auctioneers have not personally inspected the land. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

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.