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The Cottage, Willowpit Lane, Hilton, Derby DE65 5FN

Lot no: 102 Available for £350,000
 

Guide Price £325,000+ 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 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 25th July 2024

9.00am
Key Features
  • Superbly connected and highly accessible site
  • Conversion or development potential (subject to planning)
  • Rare opportunity near desirable sought after village
  • 0.1 mile from J5 of the A50
  • One mile north of Hilton
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Available for £350,000

Cottage

Property Description:

The site is situated just 1 mile north of Hilton, 7.5 miles north of Burton on Trent and 8.5 miles southwest of Derby. Willow Pit Lane is located immediately off J5 of the A50 Derby Southern Bypass at the A516 / A5132 roundabout.

Superbly connected, 2,484 sqft property sat within the 0.55 acre site. 0.1 mile from J5 of the A50. Class E use. Suitable for development or conversion STP. The premises has been water damaged as a result of metal theft from the roof.

Former Nursery. Parties are advised the vendor operates childrens day nurseries and the site will be sold with a restriction preventing this use. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Prospective buyers are referred to the legal pack and, in particular, the Overage provisions and are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

What3Word location:

including.menswear.highs

Ground floor:

1,967 sqft/182.73 sqm

First floor:

517 sqft/48.03 sqm

Total:

2,484 sqft/231 sqm

Planning:

We believe the property has been used under Class E - Commercial, Business and Service of the Town and Country Planning (Use Classes) Order 1987 (as amended) but may be suitable for a range of professional uses subject to planning. All parties should confirm the planning position with the relevant Local Authority. The vendor seeks unconditional interest.

Services:

We are advised heating is oil fired. The agents give no guarantee in respect of services, connectivity or capacity and interested parties must rely on their own investigations.

Note

Please be advised that whilst our joint agent may have conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

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.