Cottage in Derby

The Cottage, Willowpit Lane, Hilton, Derby DE65 5FN
  • Lot No: 102
  • Property Type: Cottage
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £325,000+ plus fees

Property Description

The site is situated just 1 mile north of Hilton, 7.5 miles north of Burton on Trent and 8.5 miles southwest of Derby. Willow Pit Lane is located immediately off J5 of the A50 Derby Southern Bypass at the A516 / A5132 roundabout. Superbly connected, 2,484 sqft property sat within the 0.55 acre site. 0.1 mile from J5 of the A50. Class E use. Suitable for development or conversion STP. The premises has been water damaged as a result of metal theft from the roof. Former Nursery. Parties are advised the vendor operates childrens day nurseries and the site will be sold with a restriction preventing this use. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding. Prospective buyers are referred to the legal pack and, in particular, the Overage provisions and are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

What3Word location:

including.menswear.highs


Ground floor:

1,967 sqft/182.73 sqm


First floor:

517 sqft/48.03 sqm


Total:

2,484 sqft/231 sqm


Planning:

We believe the property has been used under Class E - Commercial, Business and Service of the Town and Country Planning (Use Classes) Order 1987 (as amended) but may be suitable for a range of professional uses subject to planning. All parties should confirm the planning position with the relevant Local Authority. The vendor seeks unconditional interest.


Services:

We are advised heating is oil fired. The agents give no guarantee in respect of services, connectivity or capacity and interested parties must rely on their own investigations.


Note

Please be advised that whilst our joint agent may have conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 25th July 2024

Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

The Cottage, Willowpit Lane, Hilton, Derby DE65 5FN