Land for sale

For Sale By Auction at 6.30 pm on Monday 29th April 2024
at the Double Tree By Hilton Hotel, Festival Park, Stoke-on-Trent, ST1 5BQ
Contact the Auction Team to Register:[use Contact Agent Button] or [use Contact Agent Button]

Description

The site comprises a city centre storage yard & garages with potential for residential development (Apartments) subject to planning.

Location

The site is located in the city centre of Derby, with a mixed use surrounding property mix which includes a significant amount of Student accommodation and apartments on the neighbouring Curzon street. Located just 0.4 miles from the main high street, the site is served by all major amenities, including banks, supermarkets, shops & restaurants. Derby railway station is situated less than 2 miles from the site, which is a major interchange on the midlands mainline, offering train services nationwide.

Planning & Supporting Information.

We are not aware of any current or historic planning consents in relation to this site, however there may be potential for alternative uses subject to the necessary planning permission and consents.

A planning report & proposed drawings were commissioned by the client which summarises that there may be potential for the development of an apartment block with associated parking.

A property information pack is available upon requests and contains the following;

- Planning Report
- Associated drawings
- BJB Comparable evidence
- Photographs

NB: Whilst BJB will try and supply as much information as we can about the planning status of the land / property, please be mindful that we are not planning consultants and accordingly it is important that prospective purchasers ensure they have inspected the land / property and rely upon their own enquiries, assessments and due diligence with regards to the planning status and current or potential uses. All information is supplied in good faith and BJB cannot be held liable for any errors or omissions.

Potential Accommodation & GDV

Please see the accommodation & GDV for the proposed scheme within the planning report;

Apartment 1 - 2 bedroom - 64.38 Sq.m / 693 Sq.ft - Est GDV - £130,000
Apartment 2 - 2 bedroom - 64.38 Sq.m / 693 Sq.ft - Est GDV - £130,000
Apartment 3 - 1 bedroom - 53.52 Sq.m / 576 Sq.ft - Est GDV - £110,000

The finished development would achieve an estimated annual income of £32,400.

Total - 182.28 Sq.m / 1962 Sq.ft

Tenure.

Freehold with vacant possession upon completion.

VAT

All prices quoted by Butters John Bee are exclusive of VAT unless otherwise stated. All interested parties should make their own enquiries to satisfy themselves with the VAT position.

Pre-Auction Offers.

Any pre-Auction offers should be submitted via e-mail [use Contact Agent Button] All offers will be forwarded to the client for consideration, but please be aware that the majority of clients prefer to let the marketing run for a period, prior to giving serious consideration to accepting any pre-Auction offer.

Common Auction Conditions.

This property is sold subject to our Common Auction Conditions (a copy is available on request).

Buyers Admin Fee.

A buyers administration fee of £1,000 plus VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date.

Legal Pack.

Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website . Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor's solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them.

Addendum.

Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue.

Internet, Telephone and Proxy Bidding

We are pleased to announce that we are now back in the Auction room at the Double Tree Hilton Hotel (Moat House). However, we also have the other bidding options available: On-Line / Telephone / By-Proxy. You will need to register in advance and provide two forms of ID. Register at or contact the Auction Team on[use Contact Agent Button] or [use Contact Agent Button]

Legal Costs.

Please refer to the auction pack in respect of any legal fees or search fees which may be due upon exchange or completion.

Viewings.

Strictly By Appointment with the BJB Land & New Homes Team

All Enquries.

Alex Djukic BSc MSc
Land & New Homes Team
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Looking for Residential Land?

Please note that not all residential development land will appear on our website. To ensure that you do not miss out on these opportunities please e-mail: [use Contact Agent Button] or call the Land & New Homes team to discuss your requirements.

Disclaimer

Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.

Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.