Land
FOR SALE BY AUCTION - THURSDAY 11TH SEPTEMBER 2014
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
DRAFT DETAILS ONLY
Situated in this established residential location is an existing development opportunity for the erection of three self-contained apartments. The development site is situated within easy reach of Ilkeston’s market town which is Derbyshire’s third largest town and offers a wide range of amenities. Ilkeston is very accessible via its comprehensive road network, giving access to M1 Junction 26 Nottingham, being approximately 7 miles away and Derby approximately 10 miles away.
Planning Permission
Full planning permission has been granted under Planning Reference No. ERE/1108/0009. Please note that the planning permission can’t expire as the project has been started. We have been informed by the vendor that the building regulations have been paid for and the footing and drainage inspections have been done and approved.
Please note that initial footings and foundation works have been carried out so far.
If constructed according to plans, the three self-contained apartments would comprise of:
Ground Floor:
Two Bedroomed Apartment
First Floor:
Two Bedroomed Apartment
Second Floor:
One Bedroomed Apartment.
We understand there are also car parking spaces for a total of four cars.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 or credit card deposits.
The sale of each lot is subject to a buyers fee of £750 (inc VAT) payable on the fall of the hammer.
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary
FOR EPC’S AND LEGALS PLEASE SEE THE WEBSITE
Development opportunity with planning permission granted for the erection of three self-contained apartments with car parking
Accommodation to include two x 2 bed apartments and one x 1 bed apartment over three floors
Conveniently situated in established residential location
