Land
The site comprises an irregular shaped parcel of land accessed via Hempstead Road and running along the A148 in Holt. The land comprises tress to the boundary with shrubs and grass covering the majority.
We have been advised there is Japanese Knotweed on the site. This has been treated on a 4-year program to eradicate it. We have been advised the programme is now in its 4th Year and information regarding this is within the legal pack. This means most of the expense to eradicate the plant has been spent already by the Current owner. We feel the land may be suitable for creation of a small housing scheme or a community centre all subject to obtaining appropriate planning consent. The site is located in Holt approximately 20 Miles North of Norwich.
Tenure We understand that the property is Freehold. For further information in respect of tenure and any other legal aspects please refer to the legal pack. Services Services are believed to be available within the vicinity of the site; however, interested parties should independently satisfy themselves as to the availability and suitability of any services for their Specific requirement.
Rights of Way, Wayleaves, Easements, Restrictive Covenants ETC 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.
Value Added Tax We are advised that VAT will not be chargeable on this transaction. Viewings Site is open for viewings
There is Contaminated Land at the Property and the buyer purchases with full knowledge of the same. The buyer shall be responsible to obtain any surveys they require in respect of Contaminated Land. The seller shall not be held liable and the buyer accepts all liability for any remediation. Buyers are also to note the TPO and overage deed within the legal pack. All of the above could affect the development potential of the site
Completion will take place 28 days after the contract date.
Freehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Timed Auction 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 £1074 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.
