Land to the North side of Main Street, Kimberley, Nottingham NG16 2NL

An opportunity has arisen to purchase a parcel of land with full planning permission passed for a three storey development of five apartments.

Situated close to the vibrant town centre of Kimberley, the current planning permission passed provides for five apartments over three floors and a penthouse style apartment
to the second floor.

Once built, these apartments will be ideal for long term rental or to be offered to the open market for first time buyers, professionals and those looking to downsize.

Kimberley is a vibrant market town in the Borough of Broxtowe, lying approximately six miles north-west of Nottingham along the A610. Kimberley has undergone a positive
transformation following recent residential redevelopment schemes and has been recently awarded levelling up funds from the Government, boosting the town even further.

The building plot fronts Main Street and is approximately 230sqm in size. Permission was granted on 31st July 2023 by Broxtowe Borough Council, File Ref. 22/00871/FUL.

Auction Details

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

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

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

• Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT)

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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding 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.