Land
Please note that no offers will be accepted prior or post to the Auction.
The property will be sold on the understanding that the 10% deposit must be paid by a Banker’s Draft made payable to CPBigwood Ltd. No other means of payment will be accepted and failure to do so will result in the property being re-offered for Sale.
In addition to the purchase price, the purchaser will be required to pay the Council’s professional fees of £1,000.
The existing pay and display ticket machines will be removed and the electricity supply disconnected prior to the completion of the sale.
A tarmacadam surfaced car park of some 50 spaces, which can only be used for car parking and is subject to a number of legal and informal easements to allow vehicular access over the car park and the Council is retaining the right to grant further such easements at its own discretion. Gross income for 2013/2014 is £11,342 and the rateable value was £7,800.
Land & Development Opportunities & Garages
The site extends to some 2,274 sq.m. (2,720 sq.yds) or thereabouts.
A Long Leasehold Surfaced Car Park
We understand that the land is Leasehold on a new 125 year Lease, subject to a peppercorn ground rent, with an obligation that it remains as a car park. Vacant possession will be given upon completion.
VAT will be chargeable at the standard rate on this transaction.
The site is open for viewings.
