Land for sale
Features and description
- Tenure: Freehold
- Plot of Land
- Potential for Development (STPP)
- Full Vacant Possession
- Freehold Title
- 0.35 acre
We are pleased to offer to auction this plot that is currently mainly grassland sites which clearly offer immediate opportunities for a variety of uses from leisure, grazing, equestrian and other associated uses. The site is offered on an unconditional basis however, given its proximity both and adjoining and opposite substantial dwellings, purchasers taking a speculative view may wish to consider future development potential.
Potential purchasers must, and are deemed to, rely only on their own enquiries in respect to development prospects.
Please note we have not inspected this property.
Rooms
Location
Lying off the north side of Vineyards Road adjoining and opposite existing residential dwellings these five parcels of land each offer a great speculative opportunity within an established and popular area just north of London and the M25. Northaw is a village lying to the North East of Barnet and North West of Enfield, both of which are easily accessible and offer a comprehensive range of both shopping and recreational facilities. The M25 motorway lies to the south with access at junction 24 with the A1 (M) lying to the west. Rail connections are available at Cuffley (within two miles) and Potters Bar (within three miles) with Cuffley providing direct services to Moorgate with a journey time of just over 40 minutes and Potters Bar providing direct links to Kings Cross with a journey time of some 20 minutes.
Site Details
The subject site measures approximately 0.357 acres (1444.72sqm) with a perimeter of roughly 201.49m.
Tenure
Freehold. Title number HD601100.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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