Land For Sale £575,000
A fantastic and rare opportunity to purchase a plot of land situated in Redditch. The site and building (which was previously a church and community centre), sits close to Ipsley ce middle school in Winyates, Redditch. The site is located in a establish residential area.
The site is roughly L shaped and is conveniently positioned in a mixed-use area including leisure, retail and residential uses. Bus Stops are within 200m of the site, as is the Winyates Shopping Centre.
The site extends to a total of approximately 1.08 acres (0.44 ha), as shown on the attached plan, and is a plot readily lending itself to development (subject to planning). Planning The site was historically the site of St Gregory’s Church; however, the Local authority have indicated residential development on this site would be suitable.
The location of the site means that it lends itself to a variety of uses, subject to planning consent. From discussions with Redditch Borough Council we understand that Residential development would be favourably considered. Tenure Freehold.
This property is for sale under Traditional Auction terms. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. With this auction method, an immediate exchange of contracts takes place with completion of the purchase required to take place within 28 days from the date of exchange of contracts. On exchange of contracts, the buyer is required to make a payment of a 10% deposit, sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the final agreed sale price including VAT, subject to a minimum of £6,000.00 including VAT.
The Reservation Fee is paid in addition to the agreed purchase price and is considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. 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 property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
The site is roughly L shaped and is conveniently positioned in a mixed-use area including leisure, retail and residential uses. Bus Stops are within 200m of the site, as is the Winyates Shopping Centre.
The site extends to a total of approximately 1.08 acres (0.44 ha), as shown on the attached plan, and is a plot readily lending itself to development (subject to planning). Planning The site was historically the site of St Gregory’s Church; however, the Local authority have indicated residential development on this site would be suitable.
The location of the site means that it lends itself to a variety of uses, subject to planning consent. From discussions with Redditch Borough Council we understand that Residential development would be favourably considered. Tenure Freehold.
This property is for sale under Traditional Auction terms. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. With this auction method, an immediate exchange of contracts takes place with completion of the purchase required to take place within 28 days from the date of exchange of contracts. On exchange of contracts, the buyer is required to make a payment of a 10% deposit, sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the final agreed sale price including VAT, subject to a minimum of £6,000.00 including VAT.
The Reservation Fee is paid in addition to the agreed purchase price and is considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. 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 property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
