Land
The plot comprise of cleared land situated within a desirable and popular residential position about 2 miles to the north east of Kenilworth Town Centre.
We understand that the plot is Freehold. In particular we would note that the lots are to be sold subject to various rights and obligations relative to the shared access/servicing area into the site from Inchbrook Road. For further information in respect of tenure and access right/servicing area please refer to the legal packs.
The plot is ituated about 2 miles from Kenilworth Town Centre with Leamington Spa Town Centre about 6.5 miles and Coventry City Centre about 6 miles. The property is also conveniently situated to access the national motorway with Junction 15 of the M40 Motorway being about 10 miles whilst rail services are available from Kenilworth Railway Station which is about 1.5 miles.
The plot is situated in Kenilworth and any planning enquiries should be directed to Local Planning Authority, Warwick District Council.
We understand that Outline Planning Permission Ref No. W/16/0775 for ‘Outline Planning Permission for the demolition of number 5 Inchbrook Road and the construction of 3 new dwellings, with access, all other matters reserved’ was granted by subject to conditions by Warwick District Council on 19th August 2016 and that subsequent Reserved Matters Ref No. W/18/0272 for ‘Application for approval of reserved matters (appearance of the buildings, landscaping of the site, layout, scale of the buildings) following Outline permission W/16/0775 (erection of three dwellings)’ were granted on 29th March 2018.
Interested parties must make their own enquiries of the Local Planning Authority in respect of planning and independently satisfy themselves as to the suitability of the sites for any development or use they propose.
Mains services are believed to be available within the vicinity of the property but interested parties should independently satisfy themselves as to the availability and suitability of any mains services for their particular requirements.
Prospective purchasers must undertake their own investigations relative to ground conditions and contamination and independently satisfy themselves as to suitability of the site for any use or development they may propose.
The properties are sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants etc. which may exist whether mentioned in these particulars or not.
Any plans or aerial photographs provided with these particulars are for identification purposes only and their accuracy is not guaranteed.
We are informed that VAT will not be charged on the purchase prices but for clarification please refer to the Legal Pack.
External viewings only.
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.
