Lot 39

COMMERCIAL VEHICLE DEPOT WITH POTENTIAL FOR RE-DEVELOPMENT

Land East Of The Close, Horley, Surrey, RH6 9EB
Guide Price £1,400,000 – £1,500,000 * + Fees

Viewing by arrangement with Clive Emson Auctioneers

An exciting opportunity to acquire a freehold storage yard extending to 0.65 hectares (1.60 acres) situated less than two miles from Horley town centre and less than a mile by foot from Gatwick Airport or three miles by car.

Currently used as a commercial vehicle depot and haulage contractors yard, the site has also been allocated for residential use within the Reigate and Banstead Local Plan through its inclusion within Policy SEH4, adopted 26th September 2019, and the Core Strategy Plan adopted 2014 and reviewed 2019.

The land is considered suitable for residential development as part of a wider area of land surrounding the site that could incorporate in the region of 75 dwellings.

With access along The Close from Balcombe Road (B2036) much of the site has a hardstanding surface and comprises open plan storage area with mains electricity and water. The site is secured by metal fencing along the perimeter and automated gate.

Along with potential for re-development, the site has an established use for industrial processes within Class E of the Town and Country Planning (Use Classes) Order 1987 (as amended) and would suit continued use for this purpose. It is also considered that the site may be suitable for a wide variety of uses and may be ideally located for use as airport parking, subject to all necessary consents being obtainable.

Auctioneer’s Note

The Portacabins are not included in the sale and will be removed prior to completion. For further information please contact the Auctioneer’s office. Tel: 01273 504232.

Local Planning Authority

Reigate and Banstead Borough Council. Website: reigate-banstead.gov.uk. Tel: 01737 276000.

Freehold with Vacant Possession

Land East Of The Close, Horley, Surrey
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Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/