Property description

A Freehold parcel of land set behind a secure brick wall with inset railings and offered with the benefit of full planning permission to provide 70 apartments comprising of 16 studio apartments (7 over a duplex configuration) and 41 one bedroom and 13 two bedroom apartments together with 56 car parking spaces. The site area is approximately 28,800 sq ft (0.624 acres).

The design of the development is arranged in a “T” shaped configuration with a large wing to the northern elevation fronting Everton Brow. The development is proposed to be arranged over five storeys to the front with the rear block stepped to four, and latterly, part two/three storeys.

We understand that all main services are available, however, potential purchasers should make their own enquiries.

We are advised by the vendor that all ground investigations reports, and all associated due diligence reports have been commissioned are available for inspection.

Planning Refence NO: 16F/0093

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 : 03-Nov-2016
• Lot Number : 28
• FREEHOLD LAND WITH FULL PLANNING PERMISSION FOR 70 APARTMENTS COMPRISING OF 16 X STUDIO APARTMENTS,
• Development Opportunities