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Land at 67, 69 and North East of 73 Nottingham Road, Hucknall NG15 7PY

Auction Event
 

Guide Price £150,000+ 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 a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 25th July 2024

9.00am
Key Features
  • 0.36 acres (0.14Ha) residential development land
  • Planning consent for 2 x bungalows and 1 x dwelling
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Land

Property Description:

A freehold site located close to Hucknall town centre within the Ashfield district of Nottinghamshire. Hucknall is located approximately 6.5 miles North of Nottingham City Centre with Mansfield Town approximately 7.5miles to the North accessible via the A60. Hucknall provides good access to Junction 27 of the M1 Motorway. Road links to Hucknall are reasonable with the A60 providing the main route from Nottingham.

The subject site fronts Nottingham Road, one of the main routes into Hucknall, and is close proximity to The Bowman (Public House) set within a residential area of the Town.

Description
The site comprises an irregular shaped parcel of land with ingress/egress from Nottingham Road. Accommodation Hectares Acres Total 0.15 0.36 From digital mapping we understand that the site has an area of 0.36 acres (0.14 Ha).

Planning
A reserved matters application was approved under planning reference V/2022/0440 following Outline Approval V/2020/0290 for two detached bungalows, one detached house and associated works. The application decision date was 22nd August 2022 and can be viewed on Ashfield District Council Website.

Note: The land is registered under three titles. Please see legal pack for further information.

Draft Sales Details

These sales details are awaiting vendor approval.

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.