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Former Royal Oak Public House, 78 Water Lane, South Normanton, DE55 2EE

Lot no: 46.0 Re-entry to a future auction
 

Guide Price £88,000 plus fees


Thursday 23rd October 2014

12.00am
Key Features
An excellent opportunity to acquire a development site with approved planning consent for six houses.
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Re-entry to a future auction

Land

Property Description

FOR SALE BY AUCTION: THURSDAY 23RD OCTOBER 

AT IPRO STADIUM, DERBY

COMMENCING AT 11.30 AM

A 0.4 acre residential development site with planning consent approved for six houses. The L-shaped site currently comprises a fire damaged former public house with associated land and car park.

Outline planning was granted by Bolsover District Council in November 2013 under ref: 13/00192/OUT for 1 x detached house, 1 x detached bungalow, 2x 3 bed semis and 2x 2 bed semis.

Large village location (8000 inhabitants) located within a mile of Junction 28 of the M1, and close to Taylor Wimpeys ‘Weavers Green’ development.

Note
To comply with the Estate Agents Act 1979, interested buyers/purchasers are informed that the vendor is an associated company of Graham Penny Auctions Ltd.

Vendors Solicitors/Licensed Conveyancers
John M. Lewis & Co, 92 St. Peter’s Street, Derby  DE1 1SR – telephone 01332-292204

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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 deposits.

The sale of each lot is subject to a buyers contract handling fee of £750 (inc VAT) payable on the fall of the hammer.

*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 

FOR EPC’S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Feature 1

0.4 acre development site for six houses

Feature 2

Planning consent approved for 1 x detached house, 1 x detached bungalow, 2 x 3 bed semi’s and 2 x 2 bed semi’s

Feature 3

Large village location within mile of junction 28 of M1

Feature 4

Excellent opportunity

Tenure: