Auction:

Monday 20th January, 6:30pm

Guide Price £325,000
Fees Apply

Forrister Street, Longton ST3 1SP

1.20 ac

1 sq ft

Auction:

Monday 20th January, 6:30pm

Guide Price £325,000
Fees Apply

Forrister Street, Longton ST3 1SP

1.20 ac

1 sq ft

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Parcel of undeveloped land within a wholly residential area.

The site is located within the established residential suburb of Meir Hay, close to Longton town centre, one of the 5 towns which make up the City of Stoke-on-Trent.

Freehold with vacant possession upon completion.

All prices quoted by Butters John Bee are exclusive of VAT unless otherwise stated. All interested parties should make their own enquiries to satisfy themselves with the VAT position.

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

A buyers administration fee of £1,800 including VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date.

Description

Residential Development Site
Outline Planning Consent for 9 Detached Dwellings
For Sale By Auction at 6.30 pm on Monday 20th January 2025
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

Planning & Supporting Information.:

The site benefits from outline planning consent for 9 detached dwellings, with the original refused decision ref: 64656 dated 18 October 2019, overturned at appeal, ref: APP/M3455/W/21/3285786 dated 03 August 2022.
A full information pack is available upon request which contains the following;

- Decision Notice
- Site plan
- Planning Statement
- Accompanying Reports
- BJB Comparable evidence

Subject to planning consent there is potential for a 14 dwellings scheme, with the site also offering potential for bungalows.

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 and GDV:

The approved outline scheme comprises the following:

3no. 4 Bedroom Detached Houses - 128 Sq.m / 1375 Sq.ft
4no. 3 Bedroom Detached Houses - 118 Sq.m / 1275 Sq.ft
2no. 4 Bedroom Detached Houses - 130 Sq.m / 1400 Sq.ft

Estimated GDV - £2,700,000

An alternative 14 unit scheme (subject to planning) comprises the following:

10no. 3 Bedroom Detached Houses - 72 Sq.m / 775 Sq.ft
3no. 3 Bedroom Detached Houses - 90 Sq.m / 975 Sq.ft
1no. 2 Bedroom Detached Bungalow - 90 Sq.m / 975 Sq.ft

Estimated GDV - £3,600,000

Any sizes / measurements 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.

Disclaimer

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.

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