Lot 3 - Fletchers Farm Barn, Thorney Road, Newborough, Peterborough, Cambridgeshire, PE6 7RW

  • Unconditional Online Auction Sale
  • Guide Price* : £175,000 - £225,000*†

Description

Fletchers Farm Barn is a traditionally built red brick barn standing in a plot extending to approximately 0.75 acre, subject to measured survey, and has consent to convert the existing barn into two residential dwellings. Planning was granted in April 2019 for the conversion of the buildings under ref. 00506. The consent and associated documents can be found on Peterborough City Council's website.

Agent's Notes:
1. Consent was sought for the adjacent barn at the front around the same time as this but was refused (ref. 00631) and as a result an overage has been imposed on this site for a period of 20 years with a 50% uplift in value payable to the local authority if planning was ever granted for further development of the site during this timescale.
2. Interested parties are required to make their own enquiries with regards to the accessibility of services.
3. We understand that a British Gas main lies directly under the site.

Solicitor: Peterborough City Council Legal Services (Attn Sarah Collins), Sand Martin House, Bittern Way, Fletton Quays, Peterborough, PE2 8TY. Tel. 01733 747474

Location

The property lies in a rural location just off the Thorney Road and the A16 and approximately 5 miles north of the well-served Cambridgeshire town of Peterborough.

Directions

Head away from Peterborough town centre on the A1139 Frank Perkins Parkway. At the roundabout turn left onto the A15 Paston Parkway, continue to the interchange, coming off where signposted Crowland, Newborough, Eye and Dogsthorpe and continue towards Newborough on the A16. Continue along the A16 and at the roundabout bear left signposted towards Spalding and Crowland. Continue for approximately 2½ miles and at the roundabout turn right onto Thorney Road. Proceed for approximately 350 yards where the turning to Fletchers Farm Barn will be found on the right hand side. Proceed down the track and the property will be seen on the left.

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 – The Atrium, St George's Street, Norwich, Norfolk, NR3 1AB

* 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 £200,000

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