Land For Sale By Public Auction (unless previously sold)

New Mill Road, Finchampstead - £250,000



  • Mixed Residential/Commercial Location
  • Builders yard - established use

FOR SALE BY PUBLIC AUCTION (unless previously sold)

Site for storage of materials and building plant, including existing building, caravan and hard standing.

 

 

Land adjoining Brambletye, New Mill Road, Finchampstead       

There is a Certificate of Lawful Use for use of the site for storage of materials and building plant, including existing building, caravan and hard standing.

Road frontage 150 ft x 200 ft deep – about 0.7 of an acre.

Planning for residential - refused.

DESCRIPTION/LOCATION: The property is in a mixed residential/commercial area on the outskirts of Finchampstead. The A327 Reading Road passes close by, linking Reading and the M4 to the north and the M3 to the south.

The site which comprises a builder’s yard with office shed and workshop buildings is enclosed by trees, fences and gates with vehicular access from New Mill Road.

TOWN AND COUNTRY PLANNING: The property is within the administration area of Wokingham Borough Council.  The Certificate of Lawful Use was granted by Wokingham Borough Council, Reference 181827 – decision date 23 August 2018. A copy of the Decision Notice and accompanying plans are included in the Legal and Planning Pack. 

The Second Schedule of the Notice of Consent identified the areas considered to be lawful and therefore immune from enforcement and this included item G – Caravan (Caravan).

Two later planning applications for residential development on the site to replace the existing Lawful Use have been turned down by the Local Authority and dismissed on appeal.  Application Reference 172113 was for two detached houses – refused October 2017 and Application Reference 180505 for a single new detached building – refused 26 April 2018.  A copy of the two Appeal decisions are also included in the Planning Pack.

Tenure: Freehold with vacant possession upon completion of the purchase.

Viewing: We shall be pleased to show prospective purchasers around the property on Thursday 12th September  at 11.15, Wednesday 18th September  at 15.00, Thursday 26th September  at 11.45 and Tuesday 8th October  at 14.45.

For further information please contact Sarah Watson 0118 978 0777 or w@martinpole.co.uk

*  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 endeavor to advertise the new guide price at the earliest opportunity.  A list of final guide prices will be published in the auction room immediately prior to the sale.  This may be the first opportunity to publish changes.

IMPORTANT NOTICES

Identification of the Buyer

To accord with the Money Laundering Regulations 2003 and the Proceeds of Crime Act 2002: No later than the date of the auction when the Memorandum of Agreement of the sale and purchase is to be signed we are required to see and keep copies of documentary evidence of the Buyer's identity and address.  If you intend to bid please contact us for further information of the documents required to be produced (full details of which are also given in the Information Pack available for intending Buyers) or if you prefer to register beforehand.

Buyer’s Fee

A charge of £500 (plus VAT), payable only by the successful Buyer, will be due to the Auctioneers, Martin & Pole, upon signature of the Memorandum of Agreement of the sale and purchase.  An appropriate VAT receipted invoice will be issued immediately after the day of the auction sale

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

The Buyer(s) will be required to sign Memorandum of Agreement attached to these Particulars, to pay the Deposit and Buyer’s Fee immediately after the fall of the hammer.  Payment of the deposit will only be accepted if made by cheque or bankers draft drawn on the account of the named Buyer and drawn on a UK clearing bank.

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 he has satisfied himself as to the correctness of each of the said statements by inspection or otherwise and that no warranty or representation has been made by the Seller or the 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

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