Land & Development in LD8
Broadaxe, Presteigne, Powys, LD8 2YT
Online auction
Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk
- Planning for two 3 bedroom holiday lodges
- Situated in a rural location
- Within 0.5 miles of town centre
- Within reach of Offas dyke path
Land & Development in LD8
*For sale via secure sale online bidding: terms and conditions apply.*
We are pleased to offer to auction this unique opportunity to acquire a rural building plot, bordering Nash Woods. Close to the popular Offas Dyke path and within 1/2 mile of Presteigne town centre with its excellent range of individual shops, pubs and restaurants, the location provides a perfect base for walkers and holidaymakers.
Buyers should be advised that the plans shown are not from the original plans submitted but are more in keeping with the surrounding area and share the same same footprints and ridge heights
Please note we have not inspected this property.
Summary
- Property Type: Land & Development
- Tenure: Freehold
Location
Presteigne is a popular borders town with an excellent range of local services and facilities including both primary and secondary education, a medical centre, and a church as well as a variety of café’s restaurants, pubs and supermarkets.
The area around the Lugg Valley is well known for its stunning scenery and is close to a wide range of recreational activities including the nearby Wye Valley and Radnor Hills, both of which offer an array of riding, walking and outdoor activities.
Further afield the market town of Knighton is a popular destination and the cathedral city of Hereford offers the nearest mainline railway links.
Site Details
The subject site measures approximately 0.341 acres (1379.97sqm) with a perimeter of roughly 232.12m.
Planning
The site was given planning permission in 2012 for 2 Holiday let Lodges. Ground works were commenced in 2012 to ensure the planning permission would not expire. A large concrete cesspit and herringbone drainage field were installed together with water piping and electrical supply conduits within the site. Utilities are not currently connected to the site they will need to be run down Broadaxe to the main road. Council permits were granted in 2012 to run a trench down the verge to put water pipe and electrical conduit in. These would have to be renewed.
Tenure
Freehold. TITLE NUMBER: CYM170689.
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 auctions@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.
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 within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, 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.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
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:
£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 £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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