Potential development land (subject to the necessary consents) in sort after East Wittering. (Title number: WSX174547)
SOLD BY AUCTION FOR £80,000: To be sold by public auction on the owner's instruction. Potential development land (subject to the necessary consents) in sought-after East Wittering. To be sold via online bidding on Friday, 3 November 2023.
Auctioneers comments: "This Lot offers the discerning investor an opportunity to buy approximately 0.28 acres of potential development land (subject to the necessary consents) in the popular seaside village of East Wittering, West Sussex"
Auction date
The property is to be sold by public auction on Friday, 3 November 2023 via a 2-hour online bidding window.
To view
This vacant land has no scheduled managed block viewings and can be viewed at your own discretion.
Description
Vacant potential development land (subject to the necessary consents), approximately 0.28 acres
VAT
Standard rate VAT is payable on this transaction. See legal documents.
Location
Stocks Lane, East Wittering, next to the new Co-op
EPC rating
Exempt
Tenure
Freehold with vacant possession
Local authority and council tax band
Chichester District Council and West Sussex County Council
Pre-auction bids
To make a pre-auction bid, you must be an approved bidder. Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid. The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable. Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.
Auction fees
In addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 1.75% plus VAT (min. fee of £1,750 plus VAT) of the purchase price and auction buying fee of £1,900 plus VAT. Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Lot 82 - Lively Lady, Stocks Lane, East Wittering, PO20 8JA
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Agreement Documents
Additional Documents
Related Documents
Virtual Tour
Lot 82 - Video TourShare
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