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Former Crown Inn, Nottingham Road, Spondon, Derby, Derbyshire DE21 7NP

Lot no: 34 Withdrawn Post
 

Guide Price £195,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Friday 14th December 2018

11.30am
Key Features
  • A triangular parcel of land extending to approx 0.22 acres
  • Planning consent for seven residential dwellings Ref: DER/03/18/00481
  • Alternative scheme may well be considered
  • Excellent freehold development opportunity
  • EPC Rating: N/A
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Withdrawn Post

Land

Property Description:

The site formerly housed the Crown Inn public house (now demolished) and has planning consent for redevelopment for residential use.

To the front of the site there is a mature tree which is subject to a Tree Preservation Order (TPO) and facing the site are residential properties which are also close to the western boundary. To the south and south-west is an unadopted road which runs parallel with the site and serves industrial units to the south.

The planning permission is for redevelopment in the form of seven dwellings comprising 2 x 3 bedroomed semi detached properties, 2 x 2 bedroomed semi detached properties and 3 x 3 bed three storied properties.

Planning

Planning permission was originally granted for the scheme under reference DER/10/13/01170/PRI by Derby City Council (subject to conditions) on 12th September 2014.

There was a subsequent planning application for a variation of condition 2 of that consent and this was granted subject to conditions on 2nd February 2015 under application No DER/12/14/01623.

Further planning consent was granted subject to conditions 13th July 2018 under Ref: DER/03/18/00481.

Services

It is believed that all mains services are available within Nottingham Road.

Location

The property is situated adjacent to Nottingham Road, close to its junction with Anglers Lane within Spondon. Nottingham Road provides a connection to Derby and the A52 to the west and Borrowash to the east.

Tenure:

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.