land & development in CF24

Sterling Close, Pengam Green, Cardiff, Caerdydd, CF24 2HB

Starting Bid
£45,000
3 Bids
Time left:
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Online auction

Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk

  • Land site for sale
  • Site area approx 0.1 Acres
  • Established residential area
  • Close to local amenities
  • Freehold title
  • Potential for signage

land & development in CF24

FOR SALE BY ONLINE AUCTION: terms and conditions apply.

We are delighted to offer to auction this rather unique roadside plot of freehold land west of Sterling Close, Cardiff. This plot has its own wooden gate, off-street parking, vehicle access, storage space, kiosk, hedging trees and driveway. The site measures approximately 0.1 acres in size and is best described as being a compact urban jungle of exotic shrubs, vegetables and fruit trees, all of which have been freely allowed to grow without substantial restriction, over the past 100 years or so.

Situated on the site are the foundations of a detached pre-1928 building, plus other conspicuous areas which are all quite ideal for the locating of a brand new set of kiosks, or the strategic positioning of a lucrative mobile business like a newsagents shop, sub post office, cafe, grocery, salon, pet grooming parlour, gallery, street food canteen, corner shop or a taxi hub etc. A (detached) spare yellow (grp) fibreglass vending kiosk has also already been located on the property for many years, and it can easily be moved onto the derelict (partially burnt out) remnants of the Pre-1928 foundations, if so desired. We have been advised utilities are located very close by and can all be easily connected in future.

There is also the further addition of a separate small piece of Freehold Ransom (Wayleaves) Land nearby, right beside a very busy bus stop, that furthermore has the potential for the siting of yet another detached kiosk of similar size to the tiny little grey kiosk which is already on site or even for the alternative siting (transplantation) of the yellow grp kiosk which was mentioned earlier on in this piece (kindly see above).

Please note that all of the above would be subject to obtaining the relevant planning permission. We recommend directing any planning queries towards Cardiff Council.

Please note we have not inspected this site.

Summary

  • Property Type: Land & Development
  • Parking: Allocated

Location

The subject land lies to the west of 7 Sterling Close which is an established residential area in Cardiff. The site benefits from great transport links with two bus stops on the road and 3.9 miles north East of Cardiff central railway station. There is a huge recreational park, the local GP surgery, offices, schools and St Albans Rugby Football Club very close by. Cardiff city centre is approximately 3.5 miles away which also makes it an ideal location.

Site Details

The subject site measures an area of approximately 0.1 acres.

Tenure

Freehold. Title number CYM357296.

Additional Information

For further information please contact our office direct on 0191-737-1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

This property is being sold subject to unconditional reservation fee auction terms and conditions.

 

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

 

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

 

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

At the point of registration, you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within three business days.  If you are the successful bidder we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the outstanding balance (if applicable) at which point you can opt to use the same card.  Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid for 10 minutes. After 10 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last minute (or second) bidding and makes for a fairer auction as in a live room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
Up to £50,000 - £250 minimum bid 
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
£250,001 to £1 million - £2,000 minimum bid 
£1 million+ -  £2,500 minimum bid 

Please note this bidding process applies specifically to online auctions. 

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