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Garage plot site at the end of Brooks Road, Barrow Hill, Chesterfield S43 2NN

Lot no: 58 Sold at Auction for £50,000
 

Guide Price £45,000+ plus fees

UnconditionalOn 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.

Thursday 26th September 2024

9.00am
Key Features
  • Former garage site
  • Approx 0.125 acre (505 sqm)
  • Stunning panoramic views
  • Potential development opportunity (subject to planning)
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Sold at Auction for £50,000

Land

Property Description:

The site extends to 0.125 acre (505 sq.m) and is offered with vacant possession, the past garage plot agreements having ended. The site has stunning panoramic views. Potential for the development of two houses with the consent of the Chatsworth Estate, which has been provided in writing to meet a condition of title – a copy of the letter is included in the Legal Pack, subject to the necessary planning consents being obtained and rights of access being retained to adjoining farmland. 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.

Barrow Hill is located between Staveley and Eckington, approximately 3 miles from Chesterfield town centre and 10 miles from Sheffield city centre.

We are informed by the sellers that informal pre-app planning advice suggests that as an alternative to the continuance of the existing garage plot and access agreements (subject to any rights that are to remain) the site would be acceptable in principle for infill residential development. However, site constraints would need to be assessed, and more generally in respect of any implications for on-street parking in terms of highway safety, congestion, pedestrian and cyclist accessibility and amenity being worsened as a result of any development. Prospective buyers must make all necessary independent enquiries in this respect prior to placing their bid, as this will be binding.

Note

Please be advised that the auctioneers have not personally inspected the site. The details and photos have been supplied by the seller. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Location Information

Please refer to the searches provided in respect of drainage and water and coal mining. These indicate the lot is located in a coalfield/mining area. Prospective buyers, particularly those reliant on mortgage financing are advised to make all necessary independent enquiries (such as with their chosen lender, and building insurance provider) prior to bidding, as any bid made 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 under and Unconditional sale type.

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.