Land For Sale By Public Auction (unless previously sold)

Recreation Road, Tilehurst - Price Guide £36,000



For sale by online auction - Date TBC (unless sold beforehand).  

Land and buildings for storage. (The buildings are in various states of repair/disrepair.)  

Electricity connected.   

Also suitable for carparking – subject to site clearance.  

Approached over a driveway from Recreation Road.  

For sale by online auction - Date TBC (unless sold beforehand).  

Land and buildings for storage. (The buildings are in various states of repair/disrepair.)  

Electricity connected.   

Also suitable for carparking – subject to site clearance.  

Approached over a driveway from Recreation Road.  

Description/Location: A small parcel of land originally forming part of the rear garden of 61 Recreation Road with an average width of 9.0m and depth of 30m. The property adjoins a relatively new development known as Sona Gardens which includes a Grade II listed former water tower now converted to residential and a number of new houses. I anticipate this land was purchased as a speculative purchase in anticipation of additional houses on the south side of Sona Gardens.

Outside:

The Gardens:

Services: Mains electricity

Council Tax:             

Local Authority: Reading Borough Council

Viewing: By appointment with the Owner’s Sole Agents and Auctioneers, Martin & Pole, Wokingham. 

THE CONDITIONS OF SALE:  are included in the Legal and Information Pack available from the Auctioneers prior to the Auction Sale and online at www.martinpole.co.uk.  A copy of the Conditions of Sale will be attached to these Particulars to form part of the Contract.

*  Property Auctioneers are required by the ASA to explain to prospective buyers the definitions of Price Guide and Reserve.  The Reserve is the minimum price set by the seller at which the auctioneer can sell the property.  The reserve can be set and agreed at any point up to the start of the auction or indeed can be changed during the auction.  The reserve can be lower than the guide price, the same as the guide price or up to 10% above the guide price.  In accordance with ASA guidelines the guide price can be changed at any time up to and including the day of the auction sale.  If the guide price is changed we will endeavour to advertise the new guide price at the earliest opportunity. 

IMPORTANT NOTICES: Identification of the Buyer. To accord with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 and the Proceeds of Crime Act 2002 as amended:

For online auctions: To register no less than 24 hours before the start of the auction on the AMS platform (accessed via our website) which requires proof of ID to accord with the above regulations. The registered bidder, if successful, is the Buyer.  If it is intended there should be two or more parties or a company bidding, the regulations apply to all parties including company directors.

For Public Auctions: The same regulations apply, with registration no less than one hour before the start of the sale.

Buyer’s Fee: A charge of £900 (inc VAT), payable only by the successful Buyer, will be due to the Auctioneers Martin & Pole.  An appropriate VAT receipted invoice will be issued.

Signing the Memorandum, Payment of the Deposit and Buyer’s Fee.

The Auctioneer is authorised to sign the Memorandum/Contract on behalf of the Buyer.  The successful bidder at an online auction is liable to pay the deposit and the Buyer’s Fee of £900 inc vat at the conclusion of the sale or for a sale by public auction, on the fall of the hammer.  The deposit and Buyer’s Fee should be paid directly into the allocated Martin and Pole Client B account.

Property Details: We have endeavoured diligently to ensure the details of this property are accurate. We have not tested the services, appliances, or fittings (if any) referred to in the details.  We recommend that each of the statements is verified and the condition of the property and of the services, appliances, and fittings (if any) is investigated by you or your advisers before you finalise your offer to purchase, bid for the property or enter into a contractual commitment.

Stipulations: The property is sold with all faults and defects whether of condition or otherwise and neither the Seller nor the Agents of the Seller are responsible for any faults or defects or for any statements contained in the Particulars of the property prepared by the Agents.  The Buyer hereby acknowledges that he has not entered into this Contract in reliance on any of the said statements and they have satisfied themselves as to the correctness of each of the said statements by said Agents in relation to or in connection with the property.

 

 

 



Martin & Pole Estate Agents

To discuss this property please call us on

0118 978 0777

Printable Details

I would like to view Recreation Road, Tilehurst


To:

Martin & Pole Estate Agents

Martin & Pole Estate Agents Wokingham

Wallis House
27 Broad Street
Wokingham
RG40 1AU

0118 978 0777
wokingham@martinpole.co.uk

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