Land at Barkers Yard, George Street, Wellingborough NN8 4QH

Barkers Yard, Wellingborough, NN8 4QH

Key features

Land

Running

Guide Price: *

£365,000

Fees apply

Buyer's fee:£3,960

Admin fee:£1,200

All fees include VAT at 20%

Holding Deposit: *£1,040

*Only charged if you are the successful buyer and goes towards the purchase price

Auction Type:

Traditional

Opening bid:

£340,000

Bid history

0 bids

Description

Location

Floorplans

EPC

Legal docs

For sale by Traditional Online Auction A brown field parcel of land situated local to the town centre and other major amenities that measures just under 0.25 of an acre at approximately 107ft x 83ft and had planning permission granted in 2019 for five 2.5 storey dwellings with parking. This permission has now expired. Water, mains drainage and electric were formerly connected to the site. The land is being sold by online traditional auction which ends 31 March 2025 at 11am.

NOTE FOR BUYERS AND METHOD OF SALE :

The property is offered for sale by Traditional Online Auction (unless sold prior.) The auction ends 31 March 2025 at 11am. The vendor reserves the right to withdraw, sell or alter the property for sale prior to the auction end date.

Please use the following link to register your online auction account.

BUYERS FEES

The successful purchaser(s) will pay the sum of £6,200 at the end of the auction. From this a buyer’s fee of £5,160 (inc VAT) is retained by Richard James/Bamboo as a contribution towards the online platform costs, and £1,040 is payable towards the deposit and apportioned against the purchase price.

DEPOSIT PAYMENT

The Seller and Buyer agree that the Buyer may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction.

The remainder of the 10% deposit payment is to be transferred to the buyer’s solicitors and must be in their client account with 48 hours of the auction ending. It is essential that buyers instruct their solicitor in advance of the auction.

LEGAL PACK

Copies of the legal pack are available online to be downloaded, via the tab on the online auction property listing page. Prospective purchasers will need to register with the Bamboo online platform in order to download the legal pack. It is the purchaser’s responsibility to make all necessary enquiries prior to the auction. Prospective purchasers are strongly advised to inspect the legal documentation, this will/may contain material information regarding the property, and to consult legal advice prior to bidding.

Summary

Auction end: 31st Mar at 10:00
Property type: Land
Tenure: Freehold
Council tax band: Ask Agent

Summary

Auction end: 31st Mar at 10:00
Property type: Land
Tenure: Freehold
Council tax band: Ask Agent

This property is being sold by:

Wellingborough

01933224400

Richard James, 27 Sheep Street, Wellingborough, Northants, NN8 1BS

^†Traditional auction

Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.

* Pricing Information

The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.

Bamboo Auctions and Richard James shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.

Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.

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Disclaimer

All information relating to this property, including descriptions, pictures and other related information has been provided by Richard James. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.

These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.