- LAND AVAILABLE FOR SALE
- OUTLINE PLANNING PERMISSION OBTAINED
- PLOT SIZE APPROX 0.07 ACRES
- SET IN A CUL DE SAC LOCATION
- OVERLOOKING TILE CROSS PARK
- AUCTION DATE 7TH DECEMBER
OPPORTUNITY TO DEVELOP! Land Available in Cul De Sac Location with Outline Planning Consent Granted via traditional auction
Completion required within 56 days after exchange.
Located in Tile Cross Birmingham and Adjacent to a row of Terraced Houses, this parcel of land measuring approx 0.07 acres (Outlined in Diagram in Red)
VIEWING DATES AND TIMES:
THURSDAY 16TH NOVEMBER 1PM - 1:30pm
WEDNESDAY 22ND NOVEMBER 12:30PM - 1:00PM
THURSDAY 30TH NOVEMBER 1PM - 1:30PM
TUESDAY 5TH DECEMBER 1PM - 1:30PM
Auction Date 7th December
Rooms and Additional Information
Auction Date set for Thursday 7th December The deposit for exchange of contracts on this property is 5% subject to a minimum of £5,000. The completion period for this property is 56 days. Starting Bid and Reserve Price *The Reserve Price is the minimum price at which the auctioneer is authorised to sell the lot at auction which is generally no more than 10% in excess of the guide price. The lot may be sold to the highest bidder at or above the Reserve Price but the auctioneer is not authorised to accept a bid below the Reserve Price. Reserve prices are subject to change up to the date of the auction. Please note that’s Lots may be withdrawn prior to the end of auction. Disclaimer These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of facts, but must satisfy themselves by inspection or otherwise as to their accuracy and from inspection of the legal pack. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. If the property is currently occupied during the term of the auction but is to be sold with vacant possession, the auctioneer and selling agent take no responsibility if the property is not vacated on or before completion. The information displayed about this property comprises of a property advertisement. underthehammer.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and under the hammer hereby confirms it has no control over the content. All information is provided and maintained by the selling agents of the property, details of which can be found above.
If the reserve is met or exceeded when the auction ends, the successful bidder will be charged a 5% deposit (subject to a minimum of £5,000) and exchange of contracts will take place immediately. At this point, you will be legally bound to buy the property for the full purchase price. The deposit will contribute towards the purchase price. The sale of this lot is subject to an auction administration fee of £3,500 + VAT of the purchase price, which is payable at the end of the auction. Timescale The completion period for this property is 56 days. Legal Pack Once you have registered your account the legal pack will be available to download. Special conditions may apply. We strongly recommend buyers familiarise themselves with the legal pack prior to bidding and advise for you to clarify any information with your solicitor. If you are not entirely happy with the information in the legal pack our advice is 'Do Not Bid'. If you do bid, you will be bound by any matters that may arise. Bidding Terms Any bid placed within the last 1 minutes will activate the first time extension, back to 1 minutes. When the clock reaches 0 seconds (fall of the hammer), if the reserve is met or exceeded and you are the winning bidder, you will automatically be charged a minimum of the deposit amount and auction administration fee due (using the payment details provided at the registration stage). You also agree to use underthehammer.com as a payment processor on behalf of the selling agents. By placing a bid or by proceeding with an accepted prior auction offer, you are authorising the selling agents to sign the contract of sale on your behalf and agree to pay the contract signing fee of £250. Buyer Fees The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded or to find out more about any additional fees associated with this property please contact the selling agents.