Land for sale

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Land for sale

Presteigne, Powys, LD8
£100,000

Our Summary

  • Property DescriptionA unique opportunity to acquire a rural building plot, bordering Nash Woods
  • The site was given planning permission in 2012 for 2 Holiday let Lodges
  • Ground works were commenced in 2012 to ensure the planning permission would not expire
  • This property is being sold subject to unconditional reservation fee auction terms and conditions
  • ONLINE AUCTION NOTICE
  • My bid may be accepted by the seller at any time before the close of the auction
  • It is subject to the terms and conditions of the auction which I have read and understood
  • If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online
  • Any amount payable at the close of the auction must be paid within 1 hour
  • Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second
  • Each auction will automatically stay open until there has not been a bid within the final 10 minutes
  • If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle
  • If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding
  • This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation
  • Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity
  • Minimum online bidding increments: £50,000 - £250 minimum bid £50,001 to £150,000 - £500 minimum bid £150,001 to £250,000 - £1,000 minimum bidAuctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'
  • This auction lot is being sold under unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent
  • The property is being sold via a transparent online auction

Description

This rural building plot, situated in Presteigne, offers a unique opportunity to build two holiday let lodges. The plot borders Nash Woods and is close to the Offas Dyke path, making it an ideal location for walkers and holidaymakers. The town of Presteigne has a range of local services and facilities, including shops, pubs, and restaurants. The site has planning permission for the lodges, and groundwork was completed in 2012, including the installation of a concrete cesspit, herringbone drainage field, water piping, and electrical supply conduits. However, utilities are not currently connected, and buyers will need to run them down to the main road. The property is being sold subject to unconditional auction terms and conditions, with a non-refundable reservation fee of 5% + VAT. The buyer will also need to pay a deposit of 5% of the purchase price.
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