Land
Exclusive development site with detailed planning consent approved for the erection of four large high quality properties, with three stylish houses and one substantial detached bungalow with separate annexe.
Situated close to the heart of Castle Donington village centre, the sale of this ready-to-go development site, represents an increasingly rare opportunity.
Planning consent was approved by North West Leicestershire District Council under Ref 20/00681/FUL. Please note that the planning consent has been implemented by the current owners given that the entrance has been formed to the site. The local authority have confirmed in writing that the permission has been implemented and this letter will form part of the legal pack.
The four stylish architect designed properties will occupy an exclusive location and the approved accommodation will extend to :-
Plot 1 4 bedroom detached house 155m2 / 1667 sq.ft
Plot 2 4 bedroom detached house 155m2 / 1667 sq.ft
Plot 3 4 bedroom detached house 175m2 / 1883 sq.ft
Plot 4 3 bedroom detached bungalow 102m2 / 1097 sq.ft
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.
On Land Registry the land is known as Land adjoining 67 High Street, Castle Donington, Derby (DE74 2PQ).
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.
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