Commercial Development
Southlands HOP is a former home for older people which closed in 2015 and has remained vacant since that time. The site extends to approximately 0.518 ha (1.28 acres) and is adjacent to the Long Eaton Conservation Area (to the north of the site) and approximately 200m south of the designated Long Eaton town centre.
The site comprises an original Victorian House with substantial later extensions at the side and rear. The buildings extend to approximately 1,268 sq.m (13,647 sq.ft). The property has conversion/redevelopment potential for a variety of uses including residential, subject to planning permission. Prospective purchasers are advised to seek pre-application advice from the Planning Department at Erewash Borough Council.
An informal planning policy guidance statement has been prepared (on a without prejudice basis) by the Planning Department at Erewash Borough Council - a copy of which is included in the Legal Pack.
The town of Long Eaton boasts an excellent range of amenities, a bustling town centre, recreational leisure facilities, numerous primary and secondary schools, the well known Trent Public School and road network connections with the A52 providing swift access onto the cities of Derby and Nottingham and the M1 motorway providing swift access onto further regional business centres.
The sale provides a genuine opportunity for a discerning purchaser looking to acquire a superb freehold development opportunity located in a prime position.
The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.
Freehold.
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.
