Land for sale in Sheffield Road, Chesterfield S41

For sale by auction on Thursday, 16 May 2024 at 12:30

Venue: Live Stream

for sale via live stream auction on the 16th may - please note you will need to pre-register in order to bid by 17.00 the previous day.

If you are wanting to watch the live stream auction but do not wish to bid, this can be done by clicking on the Green Banner which will be displayed on our website prior to the auction.

If you have not registered to bid and are wanting to register, click on the 'Register to Bid' button on our website and follow the instructions on the screen. Please note that you will need to be registered for the auction by 17.00 the previous day.

If you have registered to bid, click on the Green Banner, and press the ‘Sign in to bid’ button – this will then ask you to login with your Auction Passport account. Once you have logged in, you will then be able to watch the live stream auction and bid on the entries you have registered for.

If you have any queries, please do not hesitate to contact us.

An excellent opportunity to purchase a development site.
The site extends to approximately 1.07 acres in total and has previously had outline planning consent for ten dwellings, comprising of a block of six apartments and two pairs of semi-detached houses. The Section 106 and council covenants have been cleared by the current owners. Conditional Outline Planning consent was granted by Chesterfield Borough Council on the 18th July 2019, for the creation of 10 dwellings with associated parking and access arrangements Reference che/17/00722/out. This planning consent has now expired, but we are of the opinion that there would be no reason why a new permission could not be obtained. Buyers are expected to make their own enquiries in this regard.

The Site
The site consists of an 'L' shaped parcel extending to approximately 1.07 acres in total. Whilst access is likely gained via Old Sycamore Court, the land does have an approximate 79m frontage onto Sheffield Road.

Ground Conditions
There has been no intrusive site investigation on this part of the site, although the first phase (Old Sycamore Place) was built in 2018 without the need for any grouting or abnormal foundation designs.

Council Covenant And Section 106
An original council covenant has been cleared by the current land owners, as is any Section 106 liability. It should be noted that any agreements in this regard that have been satisfied relate to the previous planning consent only.

Community Infrastructure Levy
This development will be subject to cil, However, we understand that the site sits within the 'Low' charging band of £20 per square meter.parties Interested buyers should seek confirmation on this by Chesterfield Borough Council.

Access Arrangements
Access to the site is intended to be provided by the private road already installed on Phase 1. All legal rights have already been agreed. The private road is currently maintained by Old Sycamore Place Management Company Ltd, with the existing homeowners all being members of this Company.

Sub Stations / Telecommunications
There is a small electrical sub station on the Southern most tip of the site (near to Haslam Court). This sub station is understood to be owned by Western Power, but sits on the land in question. Western Power therefore pay an easement to the land owner. Discussions have been had to revise the terms of the easement which the new owner will be able to take up in their name after completion. The larger building (Close to 73 Sheffield Road) is thought to be a telecommunication building and does not sit on land forming part of this sale.

Viewings
Prospective purchasers are welcome to go and view the land at any suitable time during daylight hours.

EPC Rating: N/A

Additional Fees
Buyers Premium: 1.5% of the purchase price plus VAT (1.8% inc VAT), subject to a minimum fee of £3000 plus VAT (£3600 inc VAT), payable on completion.

Administration Charge - £1800 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.