Land
Located to the North side of The Old Vicarage is a broadly rectangular shaped freehold parcel of land measuring approximately 0.384 hectares (0.95 acres) is situated on the fringe of Ripley, yet conveniently positioned for the town centre and the A38.
Interestingly the land has its own separate entrance from off Mount Pleasant and in our opinion may lend itself to residential development, subject to the obtaining the usual planning consents. According to the seller, a SHLAA (Strategic Land Availability Assessment) is in place with the local council for 10 houses. Furthermore there is a topographical survey for the whole site and an access survey study for the separate access which came out favourably - please seek legal pack for verification.
For those of equestrian interest the land provides an excellent opportunity and may also lend itself for other varied uses.
The historic market town of Ripley is located Amber Valley BC and boast an excellent range amenities, including independent shops, supermarkets, primary and secondary schools, leisure facilities. The nearby by A38 provides swift access onto the city of Derby and the M1 Motorway.
Please note: The land measurement has been calculated by using a software package and not by a physical survey to site.
Perspective buyers also need to be made aware an overage agreement applies to the land, please see legal pack for further details.
These sales details are awaiting vendor approval.
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 auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers 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.