Residential Development
DRAFT DETAILS: A unique opportunity to purchase a former RAF control tower nestling within substantial grounds in this rural part of Nottinghamshire. There are extensive views offered over the surrounding area and countryside and beyond. This provides a wonderful opportunity for an enterprising buyer. The building is rectangular in shape and offers a three storey conversion opportunity being flat roofed with a planned roof terrace/garden on the very top level. There is no doubt that subject to the appropriate permission/consent that this will make a wonderful and eye catching property within a substantial former military building. The whole substantial grounds of 10000 square metres/ around 1 hectare are also offered within the sale and conversion opportunity. Easy access is available via car to the cathedral city of Lincoln as well as the town of Newark and the A1 leading south to London. There is also the added benefit of the mainline station at Newark Northgate giving access to London Kings Cross station from as little as 1 hour and 15 minutes.
A substantial three storey rectangular shaped former RAF control tower. The whole substantial grounds are offered for sale alongside the conversion opportunity. There are extensive views overlooking the countryside and beyond and this is a wonderful rural retreat in a peaceful location.
Full Planning permission REFERENCE - 19/00438/FUL (Renovate and Convert Redundant World War II Airfield Control Tower to Private Dwelling and Associated External Works)
The property is situated conveniently for access to the historical cathedral city of Lincoln as well the town of Newark. From Newark there is access both North and South on the A1 and main line rail links from Newark Northgate station which can reach London Kings Cross station in as little as 1 hour and 15 minutes. Within closer proximity is the busy village of Collingham which has a wider range of local amenities including shops, takeaways and public houses etc.
The vendor is currently assessing the provision of any services and this is an on going process. We have been provided with a ground plan of the water and electric supply from the vendor. Please see legal pack for further details. The vendor has also informed us that the internet supply can be up to 200 megabites and there is a borehole on the site. For the avoidance of any doubt prospective buyers are advised to carry out their own necessary investigations in this respect.
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 Variable Fee (England and Wales).
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 fees apply:
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
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 Price
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.
