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Land on the south west side of 3 Hazel Street, Nottingham, Nottinghamshire NG6 8EA

Lot no: 44 Re-entry to a future auction for £12,500
 

Guide Price £12,500+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Tuesday 19th December 2023

10.00am
Key Features
  • Freehold land
  • Prime and convenient location
  • May be suitable for alternative uses (subject to planning permission)
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Re-entry to a future auction for £12,500

Land

Property Description:

A freehold parcel of land located to the rear of Hazel Street which can be accessed from close to the junction with main street. May be suitable for alternative uses such as storage, advertising hoarding or the creation of a residential or commercial unit owing to its prominent position, all subject to obtaining the appropriate planning consent. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

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.

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.

We are advised that VAT will not be chargeable on this transaction.

Draft Sales Details

These sales details are awaiting vendor approval.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure:

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.