This property is no longer on the market
Parking
Key information
Property description & features
- Tenure: Freehold
- Excellent Development Potential
- Ideal Location
Guide Price: £340,000+
For sale by online auction on 27/03/2023 12:00, ending on 27/03/2023 17:05.
UK Property Auctions are excited to bring to the auction this ideal investment / Development opportunity.
PROPERTY PARTICULARS
Approx. 1 Acre Professionally tarmacked car park.
Additional Grass Paddock,
This nearly 1 acre site currently fully utilised as a car park benefits from an additional grass paddock to the rear of the site
LOCATION
Positioned on the main A5, only 5 mins from junction 12 of the m6, this site is in an ideal location for all transport links.
INCOME AND DEVELOPMENT POTENTIAL
Although no planning currently in place discussions with the local council has confirmed that they would welcome applications for development of the site.
The site has the potential to development the site to either numerous semi detached properties or larger detached properties. Houses in the area are currently commanding a sale price of between £380,000 - £650,000 based on size and spec.
Alternatively the street benefits from numerous commercial units which could be a potential development opportunity for this plot.
A new Shell petrol station is currently being built next door which will further add value to this site.
Terms of Sale
Property is for sale by the modern method of auction. This is an unconditional sale. The Purchaser shall pay a 5% deposit (subject to a minimum of £5,000) upon the fall of the hammer. In addition, a 3% Buyers Premium, Subject to a minimum £6000 and contracts are exchanged. The purchaser is legally bound to buy, and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers
Some vendors will accept offers prior to auction, however these must be above the guide price to be considered. If any such offer is accepted the property will still be sold under auction terms and conditions.
General
While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact Uk Property and we will be pleased to check the position for you.
The Agent has not tested the utilities, appliances, or inspected the roof space. The floor plans and dimensions are for guidance only.
Services
Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
Anti-Money Laundering Regulations:
In line with anti-money Laundering regulations Intending purchasers will be asked to produce identification documentation and maybe proof of funds when submitting an offer to purchase the property.
Particulars
These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers. Neither Uk Property Group or any of its employees or agents has any authority to make or give any representation or warranty in relation to this property.
Places of interest
UK Property Auctions - Melton Mowbray
The Croft Melton Road Hickling Pastures, Melton Mowbray LE14 3QG
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*DISCLAIMER
Property reference 199974. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by UK Property Auctions - Melton Mowbray.
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Broadband availability and predicted speed
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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