Land Adjacent 125 Princes Street, (The Mansfield Victoria Street Social Club), Moor Lane, Mansfield, Nottinghamshire NG18 5SF

A freehold development site with planning for twelve x Assisted Living Apartments in a modern style, purpose build over two floors.

Planning permission was granted in September 2024 - Ref 2024/0056/FUL for a new build development comprising twelve, one-bedroom apartments, as well as staff and communal spaces for a Supported Living Scheme, with C3 (B) class use.

Internally will offer twelve x flats along with staffrooms and office space and communal room.

Externally there will be amenity space, along with five standard parking spaces and two designated disabled parking spaces.

Well located, within easy reach of local amenities and just a short distance from the town centre and its full range of amenities and public transport links.

Site could be used for alternative uses such as specialist housing, storage or commercial use, subject to planning permissions.

Auction Details:

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

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 auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)

The Buyers 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.