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Land
A freehold parcel of land located at the Swanwick Colliery site thought suitable for a variety of alternate uses subject to planning consent. The lot also benefits from an additional 3 parcels of land and interested parties are advised to inspect the legal pack for more information.
The whole site extends to 5.326 ha (13.161 acres) or thereabouts. The main parcel of land extends to 4.5ha (11.18 acres) or thereabouts and is located along the B6179 Derby Road on the junction with the Old Swanwick Colliery Road.
There is a footpath public right of way across a part of the land. More information is within the legal pack.
We have been advised by the seller that the sale of the land will be subject to an overage clause. Interested parties are advised to inspect the legal documentation prior to placing their bid as this will be binding.
The local area houses several light industrial facilities and boasts very good road connections to the motorway network.
Interested parties are advised to inspect the legal pack for more information and make all necessary independent enquiries prior to placing their bid as this will be binding.
Please be advised that the auctioneers have not personally inspected the land. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Freehold. See legal pack.
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.
