Land
Property Description:
Parcel of land suitable for development, subject to necessary planning consents.
The site is located in Llangower, an area popular with holidaymakers and activity seekers. Local attractions include Bala Lake and the market town of Bala itself hosts a variety of popular shops and eateries. Transport links are provided by A494 Pensarn Road linking to A5 (north) and A470 (south).
Cyngor Gwynedd Planning Department: 01766 771000.
Flood Risk
River and Coastal: High
Groundwater: Low
Surface Water: Highly Significant
NOTE TO BUYERS
Prospective buyers are referred to the Overage Agreement in the legal pack and are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
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 under and Unconditional sale type.
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 1.2% of the purchase price (subject to a minimum 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 Land Transaction 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.
