Detached House
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary
Draft Details
For sale by auction - Friday 28th March 2014
At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
Commencing at 11.30 am
Rarely available development site
Outline consent for 15 x three storey dwellings
Approximately 0.73 acre site
Close to the centre of Stapleford
Popular and convenient residential location
A rarely available development opportunity situated in a popular and convenient residential location. The 0.73 acre site has the benefit of outline planning consent for the construction of 15 three storey houses with garages.
Bailey Street is situated just off Derby Road close to the centre of Stapleford which offers a variety of local shops and facilities including regular public transport to Derby to the West, Beeston and Nottingham City Centre to the East.
Stapleford is situated to the West of Nottingham City Centre and has good road network links with the A52 leading to Nottingham and Derby and junction 25 of the M1 Motorway. There are also highly regarded schools for all ages within the area. The proposed Nottingham Electric Tram Park & Ride terminus is currently being developed and is located within a mile of the site and will provide quick and convenient access Beeston, Queens Medical Centre and Nottingham City Centre.
Planning Details
Outline planning consent was granted on 26 September 2012 by Broxtowe Borough Council under reference number 12/00009/OUT.
Tenure
Freehold. Vacant possession on completion.
Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or credit card deposits.
The sale of each lot is subject to a buyers fee of £750 (inc VAT) payable on the fall of the hammer.
