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Land
A freehold parcel of land extending to 0.11 acres (or thereabouts) accessed via a private driveway off Duke Street in Upper Gornal, closely surrounded by a dense residential area. The site provides an opportunity for residential development subject to obtaining planning permission.
The vendor informs us that following recent officer consultation for the disposal of the land, The Directorate of the Urban Environment have advised that from a Planning Policy point of view, in principle residential development of the site would be acceptable. Whilst we consider the site could be suitable for a single dwelling, prospective buyers would need to conduct their own planning enquiries of the Local Planning Authority.
The parcel of land is located in the village of Upper Gornal in a densely populated residential area within close proximity to local amenities and schools. The property is also close to the A459 which connects the property to Dudley, Wolverhampton and Kingswinford.
Interested parties are advised to inspect the legal pack and make all necessary independent enquiries for their specific, intended use prior to placing their bid, as this will be binding.
We are advised there are no pre auction offers on this site.
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 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% inc VAT, subject to minimum of £1,250 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.
