property
For sale by auction - Thursday 15 May 2014
At East Midlands Conference Centre, Nottingham, NG7 2RJ
Commencing at 11.30am
Approximately 1.24 acre (0.50 hectares) freehold vacant site
Site situated to the west of Units on Cossall Industrial Estate
Convenient location close to M1 and the cities of Derby & Nottingham
1 mile from Ilkeston Town Centre
A large and rarely available site to the west of the industrial units on Cossall Industrial Estate, which is approximately 1 mile from Ilkeston Town Centre.
The freehold site extends to approximately 1.24 acres (0.50 hectares) and is situated approximately 5 miles from junction 26 of the M1 motorway.
The site is subject to a Demarcation Agreement with Network Rail Infrastructure Ltd.
The sale includes a 50% clawback provision should planning permission for development be implemented within 80 years of purchase.
VAT is applicable.
Plan for identification purposes only, not to scale.
Tenure
Freehold. Vacant possession on completion.
Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash deposits.
The sale of each lot is subject to a buyers fee of £750 (inc VAT) payable on the fall of the hammer.
