Lot 1 Land for Sale - Hunters Forstal Road
54 Hunters Forstal Road, Herne Bay, CT6 7DW
- 10
Guide Price: *
£54,500
Fees apply
Buyer's fee:£3,960
Admin fee:£720
Legal fee:£936
All fees include VAT at 20%
Holding Deposit: *£1,400
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Opening bid:
£29,500Bid history
0 bidsThe lot comprises a mainly rectangular shaped site measuring approximately 167 sq m (1,800 sq ft).
Location
The site forms part of road side situated off a residential road in the Hunters Forstal area of Herne Bay close to local shops and amenities and surrounded by residential housing. Nearest transport links are provided by Herne Bay rail station.
Note
The site area depicted within the plan in the catalogue particulars is for indicative purposes only and is not an exact measurement. Buyers should refer to the legal pack for the accurate site boundary and any other consents or rights over the land.
Purchasers are deemed to rely on their own enquiries with regard to any possible development potential for this individual site.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
BUYERS & ADMINISTRATION FEE - ONLINE AUCTION
The successful purchaser(s) will be liable to pay the sum of £5,000. From this a "buyer's fee" of £2,400 (Inc. VAT) is retained by GPC/Bamboo Auctions as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.
An additional "administration" fee of £600+VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by GPC.
The winning buyer must also reimburse the legal costs to the vendor which are £780 +VAT which GPCwill collect.
Summary
- Auction end
- 21st Mar at 06:58
- Property type
- Land
- Tenure
- Ask Agent
- Council tax band
- Ask Agent
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Global Property Consulting Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Global Property Consulting Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
