Lot 135 Garages And Land With Potential For DevelopmentAuction Date:
14th December 2022
Garages, North Farm Road, Tunbridge Wells, Kent, TN2 3XD
A freehold site extending to 0.14 hectares (0.36 acres) in an established residential area situated conveniently for local shops and the mainline railway station at High Brooms.
It is currently occupied by 14 lock-up garages and extensive hardstanding. Planning Consent has previously been granted for demolition of the garages and the erection of three residential properties and 17 car parking spaces (now lapsed).
Proposed Accommodation
The accommodation previously proposed the following:-
Pair of Semi-Detached Houses
Ground Floor
Entrance hall, kitchen/dining room, downstairs cloakroom with W.C.
First Floor
Landing, living room, two bedrooms and bathroom.
Second Floor
Bedroom.
Detached Bungalow
Entrance hall, living room/kitchen/dining room, bedroom and bathroom.
Planning (Lapsed)
Planning Permission was granted by Tunbridge Wells Borough Council under Ref: 16/503390/FULL, dated 11th August 2017, (now lapsed) for demolition of the existing garages and erection of three new homes and 17 parking spaces subject to conditions.
A copy of the lapsed Planning Consent and accompanying documentation may be downloaded from the Local Planning Authority website tunbridgewells.gov.uk. 01892 526121.
Auctioneer's Note
There will be an Overage Clause included within the legal documentation which will be triggered if an enhanced Planning Permission is obtained, which is better than the lapsed consent described in the sales details.
The percentage of the Uplift in value to be paid to the Sellers will be 30% and will last for 10 years.
Viewing
Viewing is directly on site during daylight hours.
Freehold with Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
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 Buyers Fees
