Land for sale in Glebe Street, Wellington, Telford TF1

Residential Development Site
Outline Planning consent for up to 8no. Town centre Apartments.
For Sale By Auction at 6.30 pm on Monday 25th March 2024
at the Double Tree By Hilton Hotel, Festival Park, Stoke-on-Trent, ST1 5BQ
Contact the Auction Team to Register: Or

Description

A former car park with outline planning consent for the erection of up to 8no. Apartments.

Location

The site is located in Wellington Town Centre where an abundance of amenities can be found including Supermarkets, leisure centres, shops & medical practices. Telford Shopping centre is located just 3 miles away which plays host to a wide range of international brands including Curry's, Decathlon, Dunelm, Five Guys. Wellington railway station is served by Avanti West Coast, Transport for Wales and West Midlands Trains providing northbound trains towards Shrewsbury and Wales, and southbound trains to the West Midlands and London Euston.

Planning & Supporting Information

The site benefits from outline planning consent for the erection of up to 8no. Apartments with all matters reserved dated 19/12/2023 (Ref; twc/2023/0713). A full info pack is available on request which includes the following:

- Decision Notice
- Floorplans
- Elevations
- bjb Comparable Evidence

nb: Whilst bjb will try and supply as much information as we can about the planning status of the land / property, please be mindful that we are not planning consultants and accordingly it is important that prospective purchasers ensure they have inspected the land / property and rely upon their own enquiries, assessments and due diligence with regards to the planning status and current or potential uses. All information is supplied in good faith and bjb cannot be held liable for any errors or omissions.

Accommodation.

The proposed scheme comprises the following:

1) 1 Bedroom Apartment (46 sq.m / 495 sq.ft)
2) 1 Bedroom Apartment (46 sq.m / 495 sq.ft)
3) 1 Bedroom Apartment (46 sq.m / 495 sq.ft)
4) 1 Bedroom Apartment (46 sq.m / 495 sq.ft)
5) 1 Bedroom Apartment (46 sq.m / 495 sq.ft)
6) 1 Bedroom Apartment (46 sq.m / 495 sq.ft)
7) 1 Bedroom Apartment (46 sq.m / 495 sq.ft)
8) 1 Bedroom Apartment (46 sq.m / 495 sq.ft)

Any sizes / measurements quoted by bjb are correct to the best of our knowledge, however we would recommended all interest parties carry out their own checks before relying on any information provided.

Gdv / Rental Value

The estimated gdv for the scheme is £800,000 and an estimated annual rental income of £67,000. Further information including comparable evidence is contained in the info pack.

Tenure.

Freehold with vacant possession upon completion.

Vat

All prices quoted by Butters John Bee are exclusive of VAT unless otherwise stated. All interested parties should make their own enquiries to satisfy themselves with the VAT position.

Pre-Auction Offers.

Any pre-Auction offers should be submitted via e-mail to . All offers will be forwarded to the client for consideration, but please be aware that the majority of clients prefer to let the marketing run for a period, prior to giving serious consideration to accepting any pre-Auction offer.

Common Auction Conditions.

This property is sold subject to our Common Auction Conditions (a copy is available on request).

Buyers Admin Fee.

A buyers administration fee of £1,000 plus VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date.

Legal Pack.

Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website . Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor's solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them.

Addendum.

Check the latest addendum at for any alterations or changes to the catalogue.

Internet, Telephone And Proxy Bidding

We are pleased to announce that we are now back in the Auction room at the Double Tree Hilton Hotel (Moat House). However, we also have the other bidding options available: On-Line / Telephone / By-Proxy. You will need to register in advance and provide two forms of id. Register at or contact the Auction Team on or .

Legal Costs

Please refer to the auction pack in respect of any legal fees or search fees which may be due upon exchange or completion.

Viewings

The site can be inspected from the Public Highway – no appointment is necessary.

All Enquiries

Alex Djukic BSc MSc
Land & New Homes Team

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Please note that not all residential development land will appear on our website. To ensure that you do not miss out on these opportunities please e-mail: Or call the Land & New Homes team to discuss your requirements.