Auction House / South Yorkshire
  • For Sale By Unconditional Online Auction
  • Guide Price* : £50
  • Auction Ended 06/02/2024
  • Lot 30

Freehold Portfolio Interest, Spencers Wood, Reading, Berkshire, RG7 1QB

FOR SALE VIA NATIONAL ONLINE AUCTION!

Description

Lot (2) The lot comprises the separate freehold title interests to 7 x various land areas or roadway interests (subject to rights of way) situated in various popular locations in Hants or Berks.

The Freehold Portfolio Interest Addresses are:

Land at Hill View, Spencer Wood, Reading - BK4206
Land at 1 Hill View, Spencer Wood, Reading - BK59126
Land to the south side of 2 Hill View, Spencer Wood, Reading - BK209507
Land adjoining Hill View, Spencer Wood, Reading - BK264417
Land at Hill View, Spencer Wood, Reading - BK375404
Land lying to the west of Basingstoke Road, Spencer Wood, Reading - BK380698
Land to the south side of Hill View, Spencer Wood, Reading - BK307584

Should any part of the freehold roadway title interests be adopted by the Local Councils these will be maintained and repaired at public expense and not the owners of the freehold titles. Buyers to rely on own in investigation and land searches only. Each auction buyer shall rely solely on obtaining its own advice and any prior necessary consents/permissions for any alternative change of use the buyer proposes and the buyer agrees to accept the land as it stands in all respects on completion.

*Important Notice to Buyers *
Please note that should your online offer be accepted at the end of the auction, you will have automatically entered into a Legally Binding Contract to buy the land as described in the lot at your final accepted bid. As stated in the auction sales contract, you are not allowed (under any circumstances) to withdraw or change your mind once the online auction has ended.

If you are the successful buyer, you will be required to immediately pay the full purchase price (if bought below £5,000) and also pay to the auctioneers their £1,000 plus vat administration fee (to Auction House South Yorkshire) by way of debit card payment or immediate same-day bank transfer to the auctioneers bank account. Please ensure that you have sufficient funds available before the auction.

You will also be required to provide details for a firm of solicitors who will act for you who will deal with the post auction completion formalities to avoid any delay with completion.

Tenure: Freehold

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

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* Guide | £50
  • Unconditional (Immediate Exchange)

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Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.