For Sale By Auction | 11:00 am, 15 April 2015 | Lot 11

Land south of Norwich Road, Watton, IP25 6GW

Sold £94,000

  • Land
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 15/04/2015

Auction Time

11:00 am

Auction Venue

Unknown

2.65 hectares (6.55acres) of development land

This lot comprises of four adjacent plot of land separated by access roads. The total site area is 2.65 hectares (6.55 acres). The land forms part of a site which benefited from planning permission for 222 dwellings, employment land and local facilities. The residenital part of the application has been built and sold off. This lot forms part of the remaining land earmarked for employment use, however it was deemed unviable to develop. The surronding area comprises new build residential, a parade of shops and a carehome. The site is located two miles east of Watton. The land clearly has development potential and would suit a developer/investor and offers a significant uplift in value subject to the necessary consents being obtained. On behalf of Fixed Charge Receivers.

Tenure

Freehold

Viewing:

Any reasonable time during daylight hours. All persons viewing should be aware that they enter the site entirely at their own risk.

Note:

Please would all interested parties register their interest with the Auctioneers in order that they may be kept up to date with any developments.

Viewing

Any reasonable time at own risk

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Breckland District Council. Tel: 01362 695333

Solicitors

Addleshaw Goddard, Milton Gate, 60 Chiswell Street, London EC1Y 4AG, Ref: Ms M Bajcar, Tel: 0207 160 3531

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ VAT), payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.