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LOT 3 - South Street, Hucknall, Nottingham

Guide Price £160,000

Enquiry

Features

  • House
  • LOT 3
  • CLEARED SITE
  • TOWN CENTRE LOCATION
  • JOINT AUCTIONEERS LITTLEWOOD & CO.

TO BE SOLD BY ONLINE AUCTION ON THE 11TH OF MARCH 2021

A residential development site with Planning Consent for a three storey block of nine apartments. Guide Price: £160,000.

DESCRIPTION AND SITUATION

An opportunity for the developer to purchase a cleared, level site of approximately 0.055 acres in a highly convenient, town centre location. Planning Permission has been granted for the erection of a three storey block of nine, one bedroom apartments that will have excellent potential for resale or renting. Consequently, this is an opportunity that will be of interest to the speculative developer or those looking for a viable build to rent opportunity.

Hucknall is a busy market town just to the North of the Greater Nottingham Conurbation. It is well served by public transport with local buses, the Robin Hood railway as well as being a terminus for the Nottingham Express Transit System. Hucknall gains fast vehicular access to both Junctions 26 and 27 of the M1 Motorway.

TOWN & COUNTRY PLANNING

The extant Planning Permission was granted by Ashfield District Council on the 12th of March 2013 under Planning Reference V/2013/0021. Details can be viewed on Ashfield District Councils website.

TENURE

Freehold with Vacant Possession upon completion

METHOD OF SALE

The property will be sold by Online Auction (unless sold previously by Private Treaty). Full information regarding the Online Auction process is available on our website www.wabarnes.co.uk. In order to bid on this Lot interested parties must follow the registration procedures.

VIEWING

On site.

SAFE VIEWING OF PROPERTIES CURRENTLY FOR SALE. It is essential that precautions are taken to ensure social distancing guidelines and we ask all parties to exercise care when arranging to view properties currently for sale. Consideration should be given to the most recent Government Guidelines in respect of social distancing. Individual viewings will take place by arrangement. Interested parties are encouraged to consider photos and other information on our website before deciding to arrange an internal viewing. Not more than two people from the same household should attend at one time. Individuals are recommended to take all reasonable precautions including gloves and a face covering. Do not attend if you are unwell. Access will be arranged on an individual basis with a maximum of 15 minutes per visit. Doors will be opened and the attending surveyor will remain at a distance. It is advised to avoid internal surfaces and door handles. Hand sanitiser should be used before and after the viewing.

Guide Price:
An indication of the sellers current minimum acceptable price at auction. The guide price or a range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual but not always the case that a provisional reserve range is agreed between the seller and auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time upto the day of auction in the light of interest shown during the marketing period, a guide price is issued. The guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall or as a single figure. The reserve price would not normally be higher than the guide price. A guide price is different to a reserve (see below). Both the guide price and reserve price can be subject to change upto and including the day of the auction.

Reserve Price:
This is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

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