This property is no longer on the market
Land
Key information
Property description & features
- Development Opportunity
- Will Appeal To Investors
- Sold By Way Of Auction
- Quote ID: 408401
DEVELOPMENT OPPORTUNITY SURE TO APPEAL TO INVESTORS! The site is situated in a predominantly residential area and is currently occupied by a former community building, known as The Reading Room, which has been closed and vacant for some time, we have not been able to gain access to this building to take further details.
Proposed development of four 3 bedroom dwellings was granted in July 2017, however planning permission has now lapsed.
Planning
Planning permission was granted on 26 October 2017 under reference DM/17/02338/FPA, for the demolition of reading rooms and erection of four dwellings. Full details are available on Durham County Council planning portal. A new planning application will probably be required and prospective buyers must make their own enquiries.
EPC
We are advised that the building is exempt as planning permission was granted for the building to be demolished.
Viewing
Internal viewing is not possible and prospective buyers can view externally, entirely at their own risk.
VAT
We have been informed the client has not elected for vat to be payable on the property.
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £1000.00+VAT (total £1200.00) Auction Administration Fee. Joint Agent The Agents Property Auction Ltd. [use Contact Agent Button]
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on[use Contact Agent Button]
Disclaimer
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.
EPC Rating: Exempt
Places of interest
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*DISCLAIMER
Property reference 408401. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Andrew Craig - Auctions.
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Broadband availability and predicted speed
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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