Withdrawn prior to auction

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A freehold cleared and secure site of 0.14 acres, formerly occupied by 3 residential dwellings, development potential subject to planning, vacant

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Description/Location

The site measures 90 ft (width) x 83 ft and is situated at the junction of Corporation Road, adjacent to the landmark gas containers (disused). Suitable for a variety of uses and development subject to planning. The seller has advised the site is free of land contamination and overage provisions in favour of National Grid apply until 2021 (see legal pack for details).

Tenure

Freehold with vacant possession

Local Authority

Sunderland City Council

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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.