For sale by our joint auctioneers NALC Auctions in their 9th February auction, online or in person at our Newark office at 5pm
For sale by Auction – Terms & Conditions Apply, Enquire for more details.
Considering offers prior to auction.
Freehold parcel of land with planning granted for the erection of an agricultural storage unit. Possible change of usage (subject to Planning)
Situated within a rural area of Southeast England approximately 30 miles south west of central London and approximately 5 miles west from the busy market town of Horley. The site is located within an established agricultural location within a broadly level parcel of land
A broadly irregular shaped parcel of land, The site is part of pastoral farmland with a small area of woodland in the far south.
Planning permission was granted by Mole Valley District Council Planning Ref: MO/2019/2191/PLA on the 7 January 2020 for the erection of an agricultural storage building of 6 metres long by 6 metres wide and a height of 3.1 metres.
It is considered that there may be further development opportunities (subject to planning)
Interested parties must rely on their own enquires to Mole Valley District Council Planning Department in this regard tel. 01306 885001
Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of £ 4,000 + VAT upon exchange of the contract.
Please feel free to contact our sales and enquiries team on 02070789755 or Email us at [email protected]
Important Notice to all Buyers & Bidders
• A guide price (to include a range of prices), is not an indication of the anticipated eventual selling price or a valuation; it is an indication of the minimum price ( “the Reserve” ) at which (or range of prices within which) the seller might be prepared to sell. The eventual sale price can and frequently does, exceed the guide price.
• Where a range is given, the Reserve will sit within that range and will not exceed the top end of the range. Where a single figure Guide Price is given, the Reserve will be within 10%, upwards or downwards, of that figure.
• The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website and you should check the website regularly for updates and on the day of the auction.
• All guide prices are quoted "subject to contract".
• Please note the guide price for the Lot does not include:
- any Buyers' Fee charged by the auctioneers;
- VAT on the sale price;
- SDLT or any other Government taxes;
- additional costs and fees charged by the seller or third parties that might apply to some Lots and/or some buyers.
• The reserve price is the minimum price at which the Lot can be sold.
• Whilst every effort is made to ensure that the advertised guide prices are up-to-date. it is possible that the reserve price set for any Lot may exceed the previously quoted guide price. This is because the seller may fix the final reserve price just before the Lot is offered for sale and you should check the website regularly for updates and on the day of the auction.
• Buyers should note that some sellers will require the buyer to contribute towards the sellers costs. This information is always shown within the individual Special Conditions of sale for each lot where applicable. Buyers/bidders at the auction will be expected to bid and purchase in full knowledge of this information, which is readily available from within the legal pack or upon request from the auction team present.
• The buyer of each lot is deemed to purchase with full knowledge of the important notice to bidders, the Common Auction Conditions where applicable, the special conditions of sale and the addendum – Please do your due diligence, it is your responsibility to be fully aware of additional fees and charges. If you are unsure, please continue reading.
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• Additionally, the purchaser is deemed to have read the legal documentation.
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• A 2% buyers’ premium fee shall be set and agreed by the auctioneer at the time of sale subject to a minimum of £5000+VAT, payable by the buyer to the auctioneer. The buyer’s premium is payable in addition to the sale price (hammer price) and becomes payable upon either the signing of the memorandum by the buyer and the auctioneer or by the auctioneer if empowered to do so, irrespective of whether the sales proceeds to completion or not. The buyer’s premium fee is non-refundable in any circumstances.
• Each successful buyer will be required to pay a searches charge of £600+ VAT where applicable.
• Please note that vendors may require a supplementary amount to be paid by the purchaser to the vendor over and above the purchase price. Please check the special conditions of sale to ascertain whether this applies to the property for which you are bidding.
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• Each successful buyer will be required to pay to the London City Auctions Buyers Administration fee of £850+ VAT on exchange of contracts for each lot purchased.
• The following amendments to the catalogue particulars and conditions of sale should be noted:
• Copies of the Special Conditions of Sale for each Lot are available from the Auction enquiries team and will be attached to the contracts.
• Revisions to guide prices printed in the catalogue are available upon application.
• On the fall of the gavel a legally binding contract is created. A representative from London City Auctions will contact each successful bidder to complete a Buyer’s form. They will then sign the Memorandum of Contract and pay the deposit.
• A 10% deposit transfer or a personal debit card (minimum of £5,000 if property sells below £20,000) will be required together with identification: UK photo card driver’s license or a passport.
• There will be a legal pack fee charged to successful buyers of £500+VAT where applicable.
• In the event of a Lot being unsold, prospective purchasers are advised to immediately register their interest with the Auctioneers, by coming forward to the Auctioneers and speaking to one of the team.
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• Please note that Lots may be sold or withdrawn at any time prior to auction.
• Please note that the amount of Bidder Security (payable on application to bid at the auction) and the Buyer's Fee may each be varied from the standard amounts quoted. Please refer to the addendum, the Particulars and/or the conditions of sale.
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