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Land Lying to the rear of 11 Dunstan Road, Glastonbury, Somerset BA6 8EE

Auction Event
 

Guide Price £2,500+ 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 22nd August 2024

9.00am
Key Features
  • Freehold Parcel of land
  • 0.15 acres (or thereabouts)
  • Potential for alternative use STPC
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Land

Property Description:

A freehold parcel of land located to the rear of 11 Dunstan Road, Glastonbury which may be suitable for a variety of alternative uses subject to obtaining planning approval.

The site comprises a rectangular shaped plot extending approximately 0.15 acres (or thereabouts) having thick vegetation and a boundary along Old Wells Road within an area of residential housing.

The historic town of Glastonbury is famous for its Tor and Abbey Ruins and is some 6 miles from the Cathedral City of Wells. The M5 motorway is 14 miles away whilst Bristol, Bath, Taunton and Yeovil are all within commuting distance from the site.

The land is registered as land on the north side of Bove Town, Glastonbury. Interested parties are advised to inspect the legal pack form more information.

The land can be located by using What Three Words: erupt.sending.crackled.

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.