Lot 16 - Development Opportunity, Bridgegate, Retford, Nottinghamshire, DN22 7UZ

  • Unconditional Online Auction Sale
  • Guide Price* : £300,000 - £350,000*† plus VAT

PLEASE NOTE THAT WE CANNOT GUARANTEE APPROVAL OF BIDDING REQUESTS AFTER CLOSE OF BUSINESS ON MONDAY 7TH DECEMBER.

Description

Approximately 2.0 acres (0.82 hectares) with lapsed consent for 33 units and current consent for 4 frontage dwellings in a prime location, close to the town centre. The site is comprised within one title but separated in two parcels, being bisected by a public right of way known as Tenterflat Walk. Formally hosting a variety of redundant commercial buildings most of which have now been demolished. Site access will be from Bridgegate. The site lies within the Retford Conservation Area and many of the buildings in Bridgegate are Listed.

Planning: The site has a lapsed Planning Consent and Conservation Area consent granted on appeal for the demolition of existing buildings and erection of 33 dwellings for Affordable Housing under appeal no. APP/3010/A/142212446 and E/14/2212445 dated 25 July 2014.

Under current extension provision the site has a detailed planning consent for the erection of 4 dwellings under application no. 19/00194/FUL dated 17 April 2019.

Local Planning Authority: Bassetlaw District Council, Queen’s Buildings, Potter Street, Worksop, S80 2AH. Tel 01909 533533. Check planning history at https://publicaccess.bassetlaw.gov.uk/online-application

Technical: Supporting technical, planning and other data is available on request.

Community Infrastructure Levy (CIL): The notes accompanying the current Planning Permissions state the Council’s view is that CIL is payable.; CIL is the responsibility of the Buyer.

Services: Whilst mains water, gas, electricity and drainage are understood to be available in the vicinity of the site it is the purchaser’s responsibility to satisfy themselves with the relevant Authority as to the suitability, capacity, location and costs of connection.

VAT: VAT will be payable in addition to the purchase price.

Wayleaves, Easements and Rights of Way: The land is sold subject to, or with the help and benefit of, existing rights including rights of way whether public or private, light, support, drainage, water and electricity supplies and all other rights, easements, quasi-easements and all wayleaves, whether referred to or not in these particulars.

Attention is drawn to the public right of way which runs through the site known as Tenterflat Walk. It is anticipated that any development will be expected to retain and incorporate this feature.

Solicitor: Bird, Wilford & Sale (Attn Mr Lindsay Wilford), 20 Church Gate, Loughborough, Leicestershire, LE11 1UD. Tel 01509 232611

Location

Lying close to the historic core of the attractive market town of Retford, the site has frontage to Bridgegate and rear frontage to Amcott Way beyond which is the Morrisons supermarket and the town’s Cricket Club. The River Idle flows by to the east and town centre facilities are within walking distance.

The site and Retford are highly accessible to the areas excellent transport network with the A1 lying to the west from which the wider motorway network is available and the town’s railway station has a direct rail service into London Kings Cross (approx. 1hr 30 mins).

Doncaster lies 18 miles to the north, Sheffield is 30 miles to the west, Lincoln 21 miles to the east and Nottingham 32 miles to the south. Within the area there is a full range of educational establishments, both state and independent and leisure amenities including the National Trust Clumber Park.

Directions

Leave Retford town centre Market Square on Bridgegate, after crossing the River Idle bridge the land will be found on the right hand side.

Notes

Buyer Fees: Please note that the successful bidder will be required to pay an Administration Charge of £900 inclusive of VAT. This fee is due and payable from the winning bidder immediately after the timed auction ends. The successful bidder will additionally pay over to the auctioneer a deposit of 10% of the purchase price, subject to a minimum of £5,000, after the timed auction ends. All payments to be made by debit card payment or electronic bank transfer to the Brown&Co Client Account, the details of which will be provided by the auctioneer to the successful bidder shortly after the auction ends. Other fees may be payable on completion and will be detailed within the Special Conditions of Sale to be found within the published Auction Pack.

Ability to Buy: This property is being sold under Unconditional Auction Rules creating a legally binding contract at the conclusion of the timed auction. DO NOT bid unless you can complete the sale within 28 days, or on the terms specified within the Special Conditions of Sale.

Help and Assistance: If you have any questions or require any clarification as to the online auction process please contact the auctioneer prior to commencement of the bidding window as we will be unable to enter into any discussions once the auction has started.

Bidding Process: Prior to bidding the bidder will complete a Passport-to-Bid process, which requires registration, verification and agreement to Buyers Terms.

Following the Auction: Use 'Watch' button to follow the auction. If you register to Watch an auction you will receive email notifications of any bidding activity on the specific lot.

How It Works: Unconditional Timed Auction Online: This is a binding method of sale similar to a traditional public property auction. The only difference is the bidding takes place on line. The successful purchaser will be required to pay a 10% deposit (subject to a minimum payment of £5,000) on the fall of the virtual gavel and contracts will be exchanged. Bidding for properties online works in a similar fashion to eBay. You can place bids using your PC, tablet or mobile phone and the minimum amount you can bid is defined by the 'bid increment' level. When you place a bid, the property listing page will show you if your bid was successful and whether or not you are the highest bidder. When you are the highest bidder on a property, if another bidder outbids you the system will notify you by email so that you can place another bid if you wish. The major difference from eBay is that our system eradicates sudden death 'bid sniping' through the use of auction 'extension times'. If you have any questions or require any clarification please contact the auctioneer.

Agents Notes: (1) All measurements are approximate and quoted for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied upon. (2) Any fixtures, fittings and appliances referred within these published details have not been tested and therefore no guarantee can be given that they are in working order. (3) Internal photographs are reproduced for general information and it is not inferred that any item shown within any picture is included with the property. (4) Photographs shown within these details may have been taken with a camera using a wide-angle lens. (5) These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. (6) In accordance with UK Anti Money Laundering Regulations Intending buyers will be asked to produce original Identity Documentation, Proof of Address and be subjected to an electronic ID verification check before a purchase conveyance is instructed. (7) Brown&Co comply with the General Data Protection Regulation (EU) 2016/679 (“GDPR”) please visit our website www.brown-co.com for our Privacy Statement, Subject Access Requests can be submitted to dataprotectionmanager@brown-co.com . (8) Brown&Co are regulated under the RICS code of conduct. (9) Brown&Co are a member of The Property Redress Scheme, Membership Number: PRS012758 https://www.theprs.co.uk/ (10) Brown&Co is a member of RICS Client Money Protection Scheme, RICS Firm Reference: 016189 (11) Brown&Co-Property And Business Consultants LLP trading as Brown&Co Registered Company Number OC302092. (11) Registered Office Address – Granta Hall, 6, Finkin Street, Grantham, Lincolnshire, NG31 6QZ.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Sold for £325,000

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Viewing

The site may be seen from the public highway of Bridgegate and on foot along River Lane. Accompanied viewing on site by arrangement with the selling agents.

Additional Documents

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