FOR SALE BY ONLINE AUCTION - terms and conditions apply. A development site with planning consent granted. Planning reference PA20/04610.

Description
FOR SALE VIA ONLINE AUCTION: terms and conditions apply.We are pleased to offer to auction this unique 0.3 acre development site with immense potential, well located within a highly regarded and convenient location on the southern side of Truro. The site is moments from the city centre and situated between Truro and popular coastal town of Falmouth with its sailing waters, beaches, choice of restaurants, music, arts and the highly regard Exeter and Penryn Campus University. Truro also has an interesting range of shops, restaurants, and the newly refurbished Hall for Cornwall.The site was formerly granted outline planning permission in August 2020 for the proposed development of 6 dwellings. Alternatively, there is potential to alter to three-four bed detached or semi-detached townhouses, apartments, create tandem garages or to add balconies and large picture windows etc. (subject to consent) to take advantage of the far-reaching views. Each property would have access to their own private garden, parking, communal areas, bin storage area. Recycling is collected every fortnight and rubbish collection fortnightly. Option for green/garden waste collection. We are advised that there is also potential to create 10-12 upmarket apartments and penthouses with wonderful views, as similar have been built in and around Truro over the last few years. We advise all applicants to verify planning and direct planning enquiries to Cornwall Council.Neighbours are screened well from the bungalow plus there is currently a large garage, patio & shed in this gently sloping sylvan setting.All the relevant reports and documents are listed under the planning application regarding traffic, trees, access, wildlife etc. The CIL payment is the lowest rate currently and no other payments are required to Cornwall Council. There is easy access to the site with other developments continuing further along Old Falmouth Road.

Terms of Sale
This property is being sold subject to unconditional reservation fee auction terms and conditions.TimescalesContracts will exchange immediately. There are 28 days in which to complete the purchase.DepositIn order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.The deposit is non-refundable. Buyer FeesThis property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.More InformationFor more information call our auction experts on[use Contact Agent Button] or [use Contact Agent Button] AUCTION NOTICEI hereby acknowledge and confirm the following: My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online. Any amount payable at the close of the auction must be paid within 1 hour. Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation. Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. Minimum online bidding increments: £50,000 - £250 minimum bid£50,001 to £150,000 - £500 minimum bid £150,001 to £250,000 - £1,000 minimum bid ?£250,001 to £750,001 - £2,500 minimum bid £750,001 to £1.5 Million - £5,000 minimum bid£1.5 Million Plus - £10,000 minimum bidPlease note this bidding process applies specifically to online auctions.

Tenure
FREEHOLDEPC for current property on the site D

Council Tax Band: C
Tenure: Freehold