Property description
For sale by public auction. Tuesday 29th November 2016, 7pm. The Standerwick Suite, Frome Livestock Market. Auction Guide £5,000 to £7,000*. An area of land that measures approximately 2012 sq ft (187sq m). Currently used as a play area but could suit a variety of uses, subject to the relevant consents.
An opportunity to acquire an unusual parcel of land within a residential part of the town that, subject to gaining the necessary consents, could be put to a variety of uses.
Pedestrian access leads from the Eastfield housing estate, along a track and into the land. It is currently used as a play area and is surfaced with a combination of tarmac and rubber play surface. It is enclosed by wooden feather board fencing.
It extends to 2012 sq ft (187 sq m) in area.
* 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 :
- Auction - 29th November
- Former play area
- Tarmac and rubber surface
- Pedestrian access
- Enclosed by wooden fencing