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Mercaston Lane Cottage, Mercaston Lane, Ashbourne, Derbyshire DE6 3BH

Lot no: 59 Postponed
 

Guide Price £475,000+ plus fees

Unconditional with Variable 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 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 29th September 2022

10.00am
Key Features
  • Derelict former farm cottage
  • Approximately one acre
  • Potential to redevelop(subject to planning consents)
  • EPC Rating: Exempt
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Postponed

Cottage

Property Description:

A short distance from Brailsford and the A52 within the favoured Golden Triangle, this derelict former Farm Cottage offers a potential redevelopment opportunity(subject to obtaining planning permissions) that is rural in nature and surrounded by farmland. The property has easy access to the A52, Derby, Ashbourne and connections to the A50, M1, and M6 making this a very commutable location.

The property lies within the jurisdiction of Derbyshire Dales District Council and all planning enquiries should be directed to their planning department. The existing cottage offers a sizeable footprint, comprising two reception rooms, a kitchen, pantry, bathroom, two bedrooms to the first floor, plus an adjacent traditional barn range and brick outhouse. The property requires a complete scheme of modernisation and access is strictly by prior appointment due to health and safety considerations.

Mains water and electricity are believed to be connected to the property but potential bidders should make their own enquiries in regards to this.

Note:

A first registration of Title would be required upon completion. Purchasers will be required to erect a stock proof fence along the eastern boundary within six months of completion. A right of way will be granted over the access drive from Mercaston Lane, in favour of the cottage. A public footpath traverses the site from the south-east towards Mercaston Lane. We have been advise that the vendors would facilitate a diversion of this across their adjacent retained land by negotiation with the appropriate authorities. Drainage is to a septic tank.

Note:

Please be advised that the auctioneers have not personally inspected the property. 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 Variable 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 fees apply:

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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.