Land

For Sale By Public Auction on 19 May 2021 starting at 08:30 AM - Please note that the Auction will be livestreamed via our website with Remote Bidding by Proxy, Telephone or Internet Only. You must pre-register to bid no later than 12 Noon on Tuesday 18th May.

A prominently situated parcel of freehold land extending to about 0.17 acres (0.07 hectares), including a former betting shop with Planning Permission for creation of 19 space car park on the adjoining land, and having potential for redevelopment for a range of other uses subject to obtaining planning permission and any other necessary consents.



The property comprises a broadly rectangular parcel of land having a gross site area of about 0.17 Acres (0.07 hectares or thereabouts with road frontages to both Old Church Road and the residential cul de sac Bellview Way. Situated on the land is a single storey building, formerly used as a betting office and previous occupied by Betfred, having an estimated gross internal area of about 1,146 sq.ft. (106.5 sq.m.) or thereabouts and the adjoining land has planning permission for creation of a car park for use in association with this unit.

Tenure
We understand that the property is Freehold. For further information in respect of tenure and any other legal aspects please refer to the legal pack.

Location
The site, which is prominently situated, fronts onto Old Church Road, close to its junction with Hall Green Road, in Bell Green, about 3 miles to the north east of the City Centre. Adjoining uses include a branch of the Coventry Building Society whilst there is residential development off Bellview Way.
Other centres such as Nuneaton, Rugby and Leamington Spa are about 8, 14 and 13 miles respectively whilst rail services are available from Coventry Railway Station which is about 4 miles and the national motorway network can be accessed via Junction 3 of the M6 Motorway which is about 3 miles.

Planning
We understand that the property is situated within the Bell Green District Centre and is considered to have potential for redevelopment for a range of uses subject to obtaining planning permission and any other necessary consents.
We further understand that planning permission (Ref: FUL/2019/2129) for Construction of car park and means of access for use in association with the existing commercial unit' was granted on 17th October 2019.
Interested parties must make their own enquiries of the Local Planning Authority, Coventry City Council, in respect of planning and independently satisfy themselves as to the suitability of the site and premises for any use or development they may propose.

Services
Mains services are believed to be available within the vicinity of the property but interested parties should independently satisfy themselves as to the availability and suitability of any mains services for their particular requirements.

Ground Conditions & Contamination
Prospective purchasers must undertake their own investigations relative to ground conditions and contamination and independently satisfy themselves as to suitability of the site for any use or development they may propose.

Plans/Aerial Photographs
Any plans or aerial photographs provided with these particulars are for identification purposes only and their accuracy is not guaranteed.

Rights of way, wayleaves, easements, restrictive covenants etc
The property is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants etc. which may exist whether mentioned in these particulars or not.

Value Added Tax
We understand that VAT is not applicable on this transaction.

Energy Performance Rating
D.

Auctioneers Note
Please note offers may be considered prior to the Auction Sale.

Viewing Times
Strictly by appointment with the Auctioneers. Please ensure that you have viewed the 360 degree video and/or photographs of the property before arranging a viewing appointment. If you then decide you would like to view the property in person, please call our office on[use Contact Agent Button] and you will be allocated a 5 minute appointment slot.

Disclaimer
Bond Wolfe Auctions or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe Auctions are aware of will be published on the addendum, which is available within the lot information or on the Bond Wolfe Auctions’ website.

Remote Bidding Auction
Please note that the Auction will be livestreamed via our website with Remote Bidding by Proxy, Telephone or Internet Only. You must pre-register to bid for each auction within 24 hours of the auction commencing.

*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £1,440 inc VAT (£1,200.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.

Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. The legal packs and further information about buying at auction are available on the Bond Wolfe Auctions’ website.