Land
A great opportunity to purchase a substantial development site with planning permission granted for a 3 storey building comprising of 11 apartments 1 x 1 bedroom and 10 x 2 bedrooms and a ground floor D1 use retail unit. There will be 22 car parking spaces and service yard.
The site is well situated in a regeneration area with other similar developments including retail and residential property but close to a wide range of existing residential housing, schooling, train station and services.
The site is situated along the side of Astoria Drive and Gramercy Park.
10x 2 Bedroom apartments with open plan lounge/kitchen, 2 bedrooms, bathroom and allocated parking. The two bedroom apartments range from 581 sqft – 635 sqft.
1x One bedroom apartment with open plan lounge/kitchen, bedroom, bathroom and allocated parking.
Ground floor retail unit of approx. 900 sqft with D1 use.
Further parking spaces for retail customers.
Service yard for the retail unit
Further information is contained within the legal pack available on our website including-
Floor Plans
Proposed Elevations
Planning Consent
Design Statement
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 auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s 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
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.
