Land in Stafford

Former BT Repeater Station, Riverway, Stafford ST16 3TH
  • Property Type: Land
  • Contract Type: Unconditional with Variable Fee

Guide Price* £10,000+ plus fees

Property Description

A freehold site comprising an irregular-shaped undeveloped plot of land extending in total to about 0.20 acres (0.08 hectares). The site houses a small brick and tile storage building previously used as a telephone repeater station with GIA of 270 sq.ft. (25.08 sq.m.). We feel there may be scope for an alternative use subject to planning. LOCATION The land is situated on the west side of Riverway between its junctions with A34 Lichfield Road and Lammascote Road immediately adjacent to the Polish Club and in a mixed use area south of Stafford Town Centre. The immediate surroundings are characterised by pre-war housing with the Hough Retail Park, a dental practice and sports fields close by. The property is located in a Flood risk 3a Zone. SERVICES We understand that all mains services are potentially available. Mains electricity is connected. Prospective purchasers are advised to make their own enquiries of the relevant utility providers for confirmation of availability, connection and location. PLANNING May be suitable for alternative uses or future redevelopment, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.

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 Variable Fee (England and Wales). 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 fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
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 Price 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.