Land Adjoining 432 Denton Road, Newcastle upon Tyne, NE15 7HB

Starting Bid: £1,950

Description

COMMERCIAL - UNCONDITIONAL BUYERS PREMIUM:

The subject is currently a freehold triangular cleared plot of hard standing & grassed land, situated between two residential houses on Denton Road, Newcastle Upon Tyne. The site currently has no planning permission for a specific use however as the site lies within a residential location this option may be available to a buyer and should be discussed directly with Newcastle City Council planning department. The subject is provided with gated access off the main road on to the site. We have been provided with a copy of the title to show the boundary, however we would also advise that interested parties have this confirmed through their legal advisor before proceeding to purchase.

The subject is currently a vacant plot of land with an approximate TOTAL AREA: 77.0 m2, (828.8 sqft).

The subject site is located within Denton Road in Newcastle Upon Tyne. This area is a well-established location, primarily made up of a number of residential properties & estates, with different services & facilities close by, including the newly built, Excelsior Academy, & the metro centre across the River Tyne. Because of where the subject site is located there is a high level of access to the region provided by different bus links and the A1 providing access to the region.

Attention: Buyers Premium applies when purchasing this property

This property is offered for sale subject to any buyer undertaking to pay a premium in addition to the agreed contractual price. A buyers premium of 5% subject a minimum of £5,000 plus value added tax (at the prevailing rate) becomes due on acceptance of your offer by the vendor. Buyers premium is paid on a non refundable basis* therefore due consideration should be given by the purchaser to your ability to raise any mortgage or loan that you require to finance your purchase. We also advise you to consider undertaking any structural survey or professional valuation on your behalf before paying the buyers premium.

In the event of the purchaser withdrawing for any reason whatsoever from the sale, including defects in the title or issues raised by survey or searches, the buyers premium of 5% subject a minimum of £5,000 plus value added tax (at the prevailing rate) will be forfeited.

*In the event of the vendor withdrawing from a sale prior to exchange of contracts, the buyers premium will be refunded to the purchaser in full.

Property Comprises...

LOCATION
The subject site is located within Denton Road, Newcastle Upon Tyne in Tyne and Wear. This area is a well-established location, primarily made up of a number of residential properties and estates, with different services and facilities close by, including the newly built, Excelsior Academy, and the metro centre across the River Tyne. Because of where the subject site is located there is a high level of access to the region provided by different bus links to Newcastle city centre, as well as road access, including the A1 to the region.



DESCRIPTION
The subject is currently a triangular cleared plot of hard standing and grassed land, situated between two residential houses on Denton Road, Newcastle Upon Tyne. The site currently has no planning permission for a specific use.

The subject is provided with gated access off the main road on to the site. We have been provided with a copy of the title to show the boundary, however we would also advise that interested parties have this confirmed through their legal advisor before proceeding to purchase.



SITE INFORMATION
The subject is currently a vacant plot of land with an approximate TOTAL AREA: 77.0 m2, (828.8 sqft).



PLANNING INFORMATION
The site offered has no planning permission, however as the site lies within a residential location this option may be available to a buyer and should be discussed directly with Newcastle City Council planning department.



TENURE
The subject site is described as, Land Adjoining 432 Denton Road, Newcastle upon Tyne, it is being offered by way of an unconditional auction Freehold sale and is provided with the Title Number: TY253366. Any interested parties should have their legal advisor check this.



ADDITIONAL INFORMATION
For further information please contact our office direct on 0845-146-1586, or alternatively via email on: commercial@pattinson.co.uk.

With regards to viewing the subject property / site/ business, this is to be done strictly by appointment through Keith Pattinson Commercial Department, please contact us to arrange an internal inspection, or to register your interest.



AUCTION INFORMATION
The subject property/site is sold under the buyer premium section of the auction; this means a successful buyer shall pay a premium of 5% against the final agreed purchase price plus VAT, subject to a minimum fee of 5,000 Pounds plus VAT, to Keith Pattinson Ltd on acceptance of an offer. THIS FEE IS NON REFUNDABLE.

This commercial property/site is also unconditional; this means that a successful bidder upon acceptance of an offer must pay the buyer premium plus VAT to Keith Pattinson Ltd, and is also required to exchange contracts on the day together with the submission of a 5% deposit against the purchase price. Completion will thereafter take place no more than 28 days later. Interested parties should ensure they have satisfied themselves of all queries prior to auction as all acceptable bids are legally binding. This means any interested parties wishing to make an offer on a property/site must be in funds for both the buyer premium and the deposit, both to be placed with and held by Keith Pattinson Ltd.



Location

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
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