Land
An infrequent and exciting opportunity to acquire a freehold parcel of land, perched above Cheadle Town Centre, enjoying roof top and far reaching countryside views.
In the recent past a pair of semi detached dwellings were located on the site, however these had to be demolished due to a neighbouring landslide several years ago. The land has now been safely repaired and is ready to go as a potential building plot subject to obtaining the necessary planning consents - please see the legal pack for site survey reports and certificates. In our opinion a stylish detached dwelling may be suited for the site or alternatively could provide additional parking spaces and garages for neighbouring properties if desired.
The location is extremely sought after and boasts a delightful range of period properties and has the convenience of the town centre, literally on the door step.
The potential building plot is ideally suited for a small developer or a self build opportunity.
Please note: the site has a permanent timber fence surround and all viewings are directly through John German Estate Agents of Uttoxeter. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
May be suitable for alternative uses, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.
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 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 auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers 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 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.
