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For Sale By Auction | 19:00, 26 February 2019 | Lot 15

42-45 Nile Street, Sunderland, Tyne And Wear, SR1 1ES

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*Guide | £265,000 + (plus fees)

  • Residential Development
  • Tenure: See Legal Pack

Call the team on 0191 908 9691 for more information

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Auction Date

Tue 26/02/2019

Auction Time

19:00

Auction Venue

Ramside Hall Hotel Carrville, Durham, DH1 1TD

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Development Site

City Centre Development Site with approved planning for construction of new six storey building comprising 54 studio, 1,2 and 3 bed apartments with commercial units on the ground floor (A1, B1 or D1 Use Class). Sunderland City Council Planning Reference : 16/00748/FU4

Tenure

See Legal Pack

Viewing

Please telephone 0191 9089691

Energy Efficiency Rating (EPC)

Current Rating N/A

Services

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

Local Authority

Sunderland City Council

Solicitors

Oliver & Co, Douglas House, 117 Foregate Street, Chester, CH1 1HE, Ref: Ben Thomas, Tel: 01244 312 306

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 - £900 inc 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.

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information

Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.