Pre-Auction offers are to be received by 12.00 on Tuesday 15th October 2024

Storage Yard
Expired Outline Planning Consent for 5 Apartments
For Sale By Auction at 6.30pm on Monday 21st October 2024
at the Double Tree By Hilton Hotel, Festival Park, Stoke on Trent, ST1 5BQ
Contact the Auction Team to Register: 0800 090 2200 or auction@bjbmail.com

Location:

The site is located just 0.5 miles from Burton-on-Trent town centre. Here a full range of amenities can be sources including Sainsbury's & Coopers Square Shopping centre. The A38, which bypasses the town, connects Burton to Birmingham and Derby. The A444 links traffic to Coventry and the M42 motorway and the A511 links traffic to Leicester. The town is served by Burton-on-Trent railway station, which is accessed from the bridge on Borough Road. The station is situated on the Cross Country Route between the principal cities of Derby and Birmingham.

Planning & Supporting Information.:

The site has an expired planning outline consent for 'a detached building comprising 5 apartments' (Ref; P/2019/00276). A full info pack is available on request which includes the following:

- Decision Notice
- Photos
- BJB Comparable Evidence
- Plans & Elevations

NB: Whilst BJB will try and supply as much information as we can about the planning status of the land / property, please be mindful that we are not planning consultants and accordingly it is important that prospective purchasers ensure they have inspected the land / property and rely upon their own enquiries, assessments and due diligence with regards to the planning status and current or potential uses. All information is supplied in good faith and BJB cannot be held liable for any errors or omissions.

Accommodation & GDV:

The proposed scheme comprises the following:

Apartment 1 - 1 Bedroom (38 sq.m / 409 sq.ft) - Est £100,000 / £650 PCM
Apartment 2 - 1 Bedroom (38 sq.m / 409 sq.ft) - Est £100,000 / £650 PCM
Apartment 3 - 2 Bedroom (64.6 sq.m / 695.3 sq.ft) - Est £135,000 / £800 PCM
Apartment 4 - 2 Bedroom (48.7 sq.m / 524.2 sq.ft) - Est £120,000 / £800 PCM
Apartment 5 - 2 Bedroom (58.1 sq.m / 625.3 sq.ft) - Est £130,000 / £800 PCM

Total estimated GDV - £585,000
Total estimated annual Income - £44,400

Any sizes / values quoted by BJB are correct to the best of our knowledge, however we would recommended all interest parties carry out their own checks before relying on any information provided.

Pre-Auction Offers.:

Any pre-Auction offers should be submitted via e-mail to residential-land@bjbmail.com. 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.

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 www.buttersjohnbee.com. 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.

Internet, Telephone and 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 www.buttersjohnbee.com/auction or contact the Auction Team on 0800 090 2200 or auction@bjbmail.com.

Deposit:

Please note that a deposit of 10% of the purchase price (Min £3,000) will be due on Exchange of Contracts, whether the land / property is sold prior to Auction, in the Auction room or after the Auction.

Looking for Land & Development Opportunities?:

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

Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering purchasing your property in order to rent, 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.