Development Opportunity

Description

Canal-side vacant land with planning consent for 7 Townhouses & 6 Apartments. The site was part of a wider regeneration scheme on the former Eagle Pottery site which was completed by Redrow Homes in circa 2006 / 07. The area is now known as the Kempthorne Docklands and is popular with both owner-occupiers and buy- to-let investors.

Location

The site is accessed off Poundlock Avenue via Ivy House Road which is less than 1 mile to the east of the City Centre (Hanley). Travelling times are as follows:

Hanley (City Centre): 0.7 mile / 15 min walk

Festival Park: 2 miles / 10 min drive

M6 North (J16) 10 miles / 20 min drive

M6 South (J15) 5 miles / 15 min drive

Planning & Supporting Information

The site benefits from the planning consent for 7 x 4 Bedroom Townhouses & 6 Apartments dated 01 June 2006 (Ref; SOT/42494 & Ref; 66965/CLP ). A full info pack is available on request which includes the following:

- Lawful Development Certificate

- Reserved Matters Consent

- Design & Access

- BJB Comparable Evidence

GDV / Sales Prices

The Estimated GDV for the scheme is £2,310,000, further information including comparable evidence is contained in the info pack.

Tenure

Freehold with vacant possession upon completion.

VAT

All prices quoted by Butters John Bee are exclusive of VAT unless otherwise stated.

Pre-auction offers

Any pre-Auction offers should be submitted via e-mail to residential- . All offers will be forwarded to the client for consideration, but please be aware that the majority of clients prefer to let the marketing run for a period, prior to giving serious consideration to accepting any pre-Auction offer.

Common Auction Conditions

This property is sold subject to our Common Auction Conditions (a copy is available on request).

Buyers Admin Fee

A buyers administration fee of £1000 plus VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date.

Legal Pack

Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor's solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them.

Addendum

Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue.

Internet, Telephone & Proxy Bidding

We are pleased to announce that we are now back in the Auction room at the Double Tree Hilton Hotel (Moat House). However, we also have the other bidding options available: On-Line / Telephone / By-Proxy. You will need to register in advance and provide two forms of ID. Register at or contact the Auction Team on or .

Legal Costs

Please refer to the auction pack in respect of any legal fees or search fees which may be due upon exchange or completion.

Viewing

The site can be inspected from the Public Highway no appointment is necessary.

All Enquiries

Alex Djukic BSc MSc

Land & New Homes Team

residential-

Looking for residential land?

Please note that not all residential development land will appear on our website. To ensure that you do not miss out on these opportunities please e-mail: residential- or call the Land & New Homes team to discuss your requirements.

Disclaimer

Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.

Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.