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Land between 58 - 70 Lawrence Street, Long Eaton, Nottingham NG10 1JY

Lot no: 6 Sold Prior to Auction
 

Guide Price £65,000+ 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 29th February 2024

10.00am
Key Features
  • Planning consent for the creation of two, 3 bedroom dwellings
  • Convenient residential location
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Sold Prior to Auction

Land

Property Description:

A building plot located between 58 - 70 Lawrence Street, Long Eaton benefiting from planning permission for the creation of two x three bedroom dwellings. We have been advised by the vendor that the site is cleared and services are easily accessible to connect to, planning conditions of materials have been approved and building regs drawings are available meaning the site is ready to be developed straight away.

The original planning included the erection of two apartments to the rear of the site and we have been advised these are near completion. We feel that this poses a good opportunity to create dwellings within a very popular residential area.

Planning Details:
Planning permission has been granted by Erewash Borough Council under reference ERE/0623/0043 dated 11th August 2023. Interested parties are advised to inspect the planning documents and make any enquiries directly with the Local Authority.

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.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for 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 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 (and any applicable Home Report for residential Scottish properties).


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.