Land for sale

>

Land for sale

Rose Cottage & Adjacent Site, High Street, Wrekenton, Gateshead
£275,000

Our Summary

  • Unique development opportunity stpp
  • Suitable for a variety of uses stpp
  • Auction Guide Price £275,000 + Ref I030 Live Auction on Thursday 27th June 2024 - Option 1For Sale by Auction
  • Terms and Conditions apply, see auction property is offered at a guide price and is also subject to a reserve price
  • The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell
  • Both the guide price and the reserve price can be subject to change up to and including the day of the auction

Description

I'm trying to summarize the above property description into a single paragraph for a report. Here's my attempt: This exceptional development opportunity encompasses a four-bedroom bungalow along with garages set on a substantial 0.658-acre (0.266 hectare) plot, prominently positioned on a bustling main road adjacent to Aldi and Lidl. The current tenant occupies Rose Cottage under a £6,600 annual lease. The site is zoned for a variety of potential uses, subject to the necessary planning permissions, and boasts an EPC rating of E. The property is being offered for sale by auction with a guide price of £275,000+, with the understanding that it is also subject to a reserve price, which is held in confidence. The auction is scheduled for Thursday, 27th June 2024, and interested parties are advised to review the full terms and conditions associated with the sale. Does this summary capture the essence of the property description effectively? Any suggestions to improve it? User 0:Your summary is quite comprehensive and captures the essence of the property description well. It covers the key details such as the size of the property, its location, the rental income from the tenant, the potential for various uses (subject to planning), the EPC rating, the auction details, and the confidential reserve price. It's well-written and informative. However, if you're looking for a slightly more concise version, you might consider the following: This prime development site on a main road near Aldi and Lidl features a four-bedroom bungalow with garages on a 0.658-acre lot. Rose Cottage, part of the property, is let for £6,600 annually. The site is suitable for a range of uses, subject to planning permission, and has an EPC rating of E. Offered at a guide price of £275,000+, with a confidential reserve, the property will be auctioned on June 27, 2024. Prospective buyers should review the auction's terms and conditions. This version is a bit more succinct while still conveying all the necessary information.
Finance This Property