High Street

Newhall, Swadlincote

Residential (land)

Guide price £220,000
Guide price £220,000




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Property Details

Key features

  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • Potential development opportunity.
  • Hairdressers salon, car park and 0.33 acres of land to rear.
  • Historic planning ref 9/2016/0931 (granted Sept 2016) now expired.
  • Expired planning for erection of five dwellings.
  • Exciting opportunity.

Tenure: Freehold

A potential development opportunity including a hairdressers salon, adjacent car park and area of land to the rear (approx 0.33 acres). The title nos being sold are DY 69125, DY240842, DY 134271 and DY335042 (see attached plan). Historic planning permission ref 9/2016/0931 dated September 2016 was granted for the erection of three town houses and two apartments with associated parking on the land to the rear of 61 High St. The planning permission has now expired and therefore offers new opportunities to developers to submit revised applications subject to approval. Newhall itself is well placed for the commuter with excellent road links leading to the towns of Burton on Trent, Ashby de la Zouch and excellent motorway networks. A bus stop is situated within close proximity of the property and local amenities are situated within High Street and Main Street, Newhall including shops, Sainsbury's Convenience Store, hairdressers, Doctors, chemist etc.

Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Description
The development opportunity is located to the south westerly side of the High Street running through Newhall. As mentioned it measures approximately half an acre in total and historic plans were drawn and approved in September 2016 to incorporate five dwellings (three town houses and two apartments) with allocated parking available. The planning approval has now expired and offers opportunities for new schemes to be submitted subject to approval.

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The expired permission was for the erection of three, three storey town houses, to the ground floor they were to comprise entrance hall, fitted guest cloakroom, lounge/dining room and kitchen. To the first floor there will be a landing servicing two bedrooms and bathroom. To the second floor there will be a third bedroom and en-suite. The expired plans are available upon request from Ashley Adams or on the South Derbyshire District Council.

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The expired permission also included erection of two single storey apartments both with the same living accommodation. One obviously positioned to the ground floor and the other above to the first floor. These were to comprise entrance hall, open plan lounge/dining with kitchen, two bedrooms one with en-suite and bathroom.
A potential development opportunity including a hairdressers salon, adjacent car park and area of land to the rear (approx 0.33 acres). The title nos being sold are DY 69125, DY240842, DY 134271 and DY335042 (see attached plan). Historic planning permission ref 9/2016/0931 dated September 2016 was granted for the erection of three town houses and two apartments with associated parking on the land to the rear of 61 High St. The planning permission has now expired and therefore offers new opportunities to developers to submit revised applications subject to approval. Newhall itself is well placed for the commuter with excellent road links leading to the towns of Burton on Trent, Ashby de la Zouch and excellent motorway networks. A bus stop is situated within close proximity of the property and local amenities are situated within High Street and Main Street, Newhall including shops, Sainsbury's Convenience Store, hairdressers, Doctors, chemist etc.

Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This fee is...

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
(2) These particulars do not constitute part or all of an offer or contract.
(3) The measurements indicated are supplied for guidance only and as such must be considered incorrect.
(4) Potential buyers are advised to recheck the measurements before committing to any expense.
(5) Ashley Adams has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
(6) Ashley Adams has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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