The property comprises a site of 0.28 acres with two detached single storey buildings, one of approximately 180 square metres and the other of 92 square metres. The boundary of the property extends to the pavement at the front and there is currently parking space for several cars.

A planning pre-application was made in October 2018 which indicated that ‘two 2-storey apartment buildings (potentially eight apartments in total) ...or a terrace of eight, or two terraces of three or four semi-detached properties may be appropriate…’ and ‘the layout will need to provide adequate parking (at least 2 spaces per dwelling) and satisfactory private amenity space (rear

Gardens) for each property.’

The advice also states: ‘You have submitted additional information regarding the existing use of the buildings that would be demolished and lost as a result of developing this site. New development of this site would result in the loss of these community facilities. In order for a proposal to be supported, details will be required to be submitted to demonstrate how this loss will be compensated for elsewhere and details provided of the alternative venue available for these existing uses and activities. 

Full details will need to be submitted to support any planning application.’ A full copy of the Planning Authorities advice is available here https://acrobat.adobe.com/id/urn:aaid:sc:EU:fd5274ba-12a4-4584-be5c-a46368c97af6

RELEASE OF COVENANTS AND REMAINING RIGHTS AND EASE

Buyers will see in the legal pack that the property has had various restrictive covenants which would prevent buyers from developing the site.

The seller’s solicitor has advised that the significant restrictive covenants have been removed and redevelopment of the site is now possible, subject to planning permission.

The small area between the substation and the road cannot be built on as access to the substation and underground cables is required.

Here is the solicitor’s summary:

C1: The covenants have been released.

C2: The covenants have been released.

C3: The 1984 conveyance reserves to the Council the right to use the drains which may run under the land tinted yellow on the title plan.

C4: The 18.10.99 conveyance and deed of grant allowed the parking of vehicles on the parking area alongside the pavement. This has now been released except for the area coloured green on the site plan in this brochure and edged yellow on the aerial photo. This release now allows a vehicular access to be constructed into the site from the road, subject to planning permission. The deed also granted a right of access from the road to the electricity sub-station for the Council and Marches Housing Association.

C5: The 23.11.99 transfer and deed of grant transferred the rights of access to the sub-station to Midland Electricity PLC. The document imposes new covenants as set out in clause 5 thereof. These prohibit the erection of any building on the land affording access to the sub-station and any interference with Midland Electricity PLC’s apparatus.

C6: The land tinted blue on the title plan is subject to a reservation of identical rights to those set out in C3 above.

C7: The 2021 deed released the covenants contained in the 1965 and 1984 conveyances mentioned at C1 and C2.

PLEASE NOTE: It is essential that buyers only rely on legal advice obtained from their own solicitors before bidding on the property.

METHOD OF SALE

The property will be offered for sale by ONLINE TRADITIONAL AUCTION (unless sold prior).

The sellers reserve the right to withdraw or alter the property for sale or the reserve or guide price prior to the auction end date. To view the live auction, visit our website and click on the Online Auctions tab where you will find the property.

COMPLETION

The completion date will be 28 days after the auction date as specified in the legal pack.

AUCTION END DATE AND TIME

10.30 am Monday 30th September 2024

VIEWING

Contact Cooper Green Pooks on 01743 276666 to arrange a viewing.

Viewers should register the time and date of their proposed viewing with Cooper Green Pooks prior to arriving at the property by emailing Sam Foster at Sam.foster@cgpooks.co.uk. Viewers will need to produce photo ID at the property (either passport or driving licence) before they will be allowed to view. For verification and security, the ID will be photographed by a representative of Cooper Green Pooks.

PROOF OF IDENTITY

Under Money Laundering Regulations 2017 it is a requirement for Estate Agents to perform due diligence checks on any person that intends to bid at auction.

There will be a requirement for all bidders to register via the online sales site and complete the ID checks.

LEGAL PACK

Copies of the Legal Pack and Special Conditions of Sale will be available online to be downloaded via the tab on the online auction listing page. It is the purchaser's responsibility to make all necessary enquiries prior to the auction. Prospective purchasers are strongly advised to inspect the legal documentation and to consult legal advice prior to bidding.

BUYER'S AND ADMINISTRATION FEES

Bamboo Auctions will take a non-refundable payment of £5000 from the successful bidder's bank account at the close of the auction. This £5,000 is in respect of the following:

1. Buyers fee of £3,960 which will be split between Bamboo auctions and Cooper Green Pooks

2. Deposit of £1040 which goes towards the purchase price of the house

In addition to this, the buyer will be responsible for paying Cooper Green Pooks' administration fee of £3,600 including VAT. This is payable within 24 hours of the close of the auction and buyers should contact Cooper Green Pooks to make this payment.

DEFINITION OF AUCTION RESERVE AND GUIDE PRICE

The guide price is an indication of the seller's expectation. Reserve price is a figure below which the auctioneer cannot sell the lot at auction. The reserve will be set either below the guide price or no more than 10% above the guide price. Guide prices and reserve prices may change at any time prior to the auction.

SPECIAL CONDITIONS OF SALE

Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provision of the latter shall prevail. The special conditions of sale/auction information pack is available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.