Property description

A Freehold re-development opportunity comprising of a large plot of land extending to approximately 0.5 Hectares (1.23 Acres) with detailed planning permission to erect a 4 bedroomed detached house adjacent to the existing dwelling.

The vendor has advised they have also submitted a planning application to demolish the existing building to provide a new scheme comprising of 8Nr 4 bedroom town houses similar the prestigious Quay building.

There is currently a dormer style detached bungalow occupying the land which is currently let on a rolling month to month contract at a rental of £5200.00 per annum. The property has a tenant who will require 2 months notice to vacate under the terms of the tenancy.

Potential purchasers should make their own enquiries to Anglesey County Council. The detailed Approved Planning Application reference is No: 30C721A

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 : 14-JUL-2016
• LOT NUMBER : 52
• DETACHED BUNGALOW ON PLOT OF LAND APPROXIMATEY 1.23 ACRES WITH PLANNING PERMISSION FOR A 4 BEDROOM
• Development Opportunities