Land
Circa 9,000 sq.ft site suitable for development(subject to planning consents).
The plot of land is positioned to the rear of 103 Frederick Street in one of Oldham’s most desirable neighbourhoods and offers various residential development opportunities, subject to all necessary planning consents. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Locally, the area is well serviced by a full range of shopping and leisure amenities as well as being within walking distance of Masjidul Aqsa Mosque. Open spaces are provided by Werneth Park positioned close-by as too is the well-regarded Werneth Primary School. Transport links include a popular local bus network and easy access to A62.
These sales details are awaiting vendor approval.
Please note 103 Frederick Street will also be offered for sale on 30th March as a separate lot. The lots are both currently registered under one title, which is in the process of being split. Further details will be provided within the legal pack.
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 (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.
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 2.4% inc VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
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.
