Lot 5 - Land at Jeffcoats Lane, Swannington
Jeffcoats Lane, Coalville, LE67 8QL
- 60
Key features
Guide Price: *
£26,000
Fees apply
Buyer's fee:£1,200
Admin fee:£1,200
All fees include VAT at 20%
Holding Deposit: *£3,800
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£70,500Bid history
72 bidsG
03/02/2022 12:16:51 - £70,500
R
03/02/2022 12:16:00 - £70,000
G
03/02/2022 12:16:00 - £70,000
See all 72 bids ▾
Situation
The land is situated on the edge of the village of Swannington and is well placed for accessing major road networks such as the M1, the A42 and the M42. A railway station is easily accessible at Loughborough train station. Derby, Leicester and Loughborough are all within striking distance.
Description
The property provides an opportunity to purchase approximately 2.66 acres of predominantly grassland in two parcels that are joined by a gateway. The land has been the subject of two ten year Changing Landscape schemes, commencing 3 September 2009 and 6 July 2010. Please refer to documents within the legal pack for details of any ongoing obligations. The land is accessed through a gateway off
Jeffcoats Lane.
All properties available for sale by Fisher German’s online auction are traditional (or unconditional) online auctions; exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. The winning buyer will be charged a holding deposit of £2,600 online, with the amount being held in a secure client account, pursuant to the terms of a holding deposit agreement. In addition the buyer shall pay an auction admin fee for this lot which will be £1200, inclusive of vat, plus a buyer's premium of £1200 inclusive of vat. These fees shall be charged to the winning buyer online, immediately at the end of the auction using the payment details provided in advance of bidding. Any remaining amounts of the auction administration fee shall be payable by the buyer in the usual manner.
Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Fisher German shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
Summary
- Auction end
- 3rd Feb at 12:21
- Property type
- Land
- Tenure
- Ask Agent
- Council tax band
- Ask Agent
Summary
- Auction end
- 3rd Feb at 12:21
- Property type
- Land
- Tenure
- Ask Agent
- Council tax band
- Ask Agent
This property is being sold by:
Ashby
01530 412821
The Estates Office, Norman Court, Ashby de la Zouch, LE65 2UZ
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Fisher German Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Fisher German Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.