Property description

A former public house together with land to the rear suitable for residential re-development, subject to any necessary planning consents.

The vendor's have had drawings prepared to erect a retail unit to the ground floor together with 3 self contained flats above and a pair of semi detached houses. Alternatively the land would be suitable to erect an 18 bed student accommodation, however potential purchasers should make their own enquiries.

We believe all main services are available. Foot access is via Vauxhall Road.

The vendor has also had drawings prepared to erect an 18 bed student pod and they are available for inspection at the auctioneers offices.

GUIDE PRICES & RESERVE PRICES

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or 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 the 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 up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This 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 price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s 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.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Property Features :

• SUTTON KERSH ARE PLEASED TO OFFER FOR SALE BY PUBLIC AUCTION ON : 26-MAY-2016
• LOT NUMBER : 25
• FORMER PUB WITH LAND TO REAR. DEVELOPMENT OPPORTUNITY.
• Development Opportunities