Land for sale
Key information
Property description & features
- Tenure: Freehold
- Freehold consented parcel of land.
- Live consent for a mixed use scheme comprising 211 flats and a Class A1/A3 Coffee Shop.
- In addition the site has a lapsed PBSA consent for the delivery of 625 student rooms.
- To be offered by Knight Frank at auction on the 12th of December 2024.
Description
The site is located in the heart of the retail and leisure core of Bournemouth town centre and has live planning consent for a mixed use scheme consisting of 211 flats and a Class A1/A3 coffee shop on GF (ref: 7-2019-1179-BG). (see NB)
In addition the site has a lapsed PBSA consent for the delivery of 625 student rooms.
NB - The consented scheme includes permission to build one of the four buildings on land which does not form part of this sale. This does not prevent development of what has been consented over the land being sold. Interested parties are referred to the legal pack and planning portals.
The adjoining property was substantially re-developed in 2001 to provide approximately 77,300 sqft of retail accommodation arranged over ground and first floor with a multi storey car park above operated by Bournemouth Borough Council.
For further information and access to the data room please contact [use Contact Agent Button] -[use Contact Agent Button].
VAT IS applicable to the sale.
Location
Bournemouth is one of the UK's premier costal resorts located 100 miles south west of London, 6 miles to the east of Poole and 22 miles to the west of Southampton. The town has a population of approximately 183,000 and a
primary catchment population of 432,000.
Occupancy
Vacant
Tenure
Freehold
The buyers fee is including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.
Auction Details
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.
Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:
• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
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Property reference 247592. 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 Knight Frank - Auctions.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength: obtained from Ofcom on November 15, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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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