Sold for £70,000

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A site of 0.074 acres (approx 65 ft x 50 ft) within an established industrial estate. Formerly let as a telecommunications site producing £11,950 pa. Development potential, vacant.

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Description/Location

The site is a blank canvas for development and has potential for previous use, as a secure car park or storage yard with the opportunity to build a garage / workshop / storage units all subject to planning. Previously let to Orange Communications.

Tenure

Virtual Freehold: Held on a lease for 999 years from 01/04/1946

Local Authority

Office Contact

Please contact Elliott Network Auctions on 01923 240420

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*Guide Price & Reserves

Generally speaking Guide Prices 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. Virtually every 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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.