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NEW HOMECOMMERCIAL

Parcel of Land, Brookenby Business Park, Brookenby, Binbrook, Market Rasen, Lincolnshire, LN8

Guide Price
£17,500
Pygott & Crone, Grimsby
PROPERTY TYPE

Land

SIZE

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Key features

  • Modern Method Of Auction - T & C's Apply
  • Reservation Fee Payable
  • Plot of Land in Brookenby
  • Approximately 0.74 Acre site
  • includes an empty commercial building
  • potential for refurbishment ( subject to planning)
  • Guide Price £20,000

Description

This parcel of land is sold by the Modern method of auction ( Terms and Conditions apply).

Located close to Binbrook Technical Park, near RAF Binbrook, near Market Rasen, this approx.  0.74 Acre site includes a dormant commercial building with potential to refurbish the existing building to office/workshop, subject to planning. 

We understand the the site to be Freehold, interested parties are advised to make their own enquiries.

The vendor advises -The WWII structure was built for aircraft battery charging and is 10m x 5.5m cavity brick wall with a concrete roof and deep foundations that have cable trenches.

It has been used  to test environmentally sustainable resources such as solar water heating and solar convection heating. Electricity was previously supplied to the building but this was removed before current purchase.


BUYING CONDITIONS

This property is for sale by the Modern Method of Auction. Should you view, offer, or bid on the property, your information will be shared with the Auctioneer, Iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer's solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability, and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

BUYERS INFORMATION PACK

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Parcel of Land, Brookenby Business Park, Brookenby, Binbrook, Market Rasen, Lincolnshire, LN8

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Market Rasen Station7.3 miles

About the agent

Pygott & Crone, Grimsby

22 South St. Marys Gate, Grimsby, DN31 1LQ

Pygott & Crone, Grimsby

Pygott and Crone have been established since 1991, originally founded with one office in Sleaford, the company now covers the whole of Lincolnshire, more recently expanding into Nottinghamshire and working throughout the UK within certain specialist departments.

The company is a mixed practice covering Residential Sales, Financial Services, Auction, Residential and Commercial Letting, Commercial and Professional valuation, Surveying, Land and New Homes. Our specialist teams are happy to

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 10531053. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pygott & Crone, Grimsby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pygott & Crone, Grimsby on 01472 404413.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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