Weald Way

PRE-AUCTION BIDS CONSIDERED NOW
2.43 Acre Site with circa 10,000 sq. ft of Former Poultry Housing
Surrounded by Existing Dwellings
Freehold with Full Vacant Possession

Location:
This unique opportunity in Caterham comprises an extensive parcel of land which is surrounded by existing dwellings and is located on the north side of Weald Way just to the south of the centre of Caterham. Weald Way has very much a rural aspect to it however, is home to a number of substantial dwellings, some of which adjoin and are opposite this land. The centre of Caterham is just over 1 mile to the north and offers a comprehensive range of shopping facilities and recreational pursuits with the area also having great outdoor recreational opportunities especially along and within the North Downs. The area has superb transport links, Junction 6 of the M25 motorway is less than 4 miles from the site providing great road links whilst Caterham Rail station provides direct links to London Bridge with journey times of 50 minutes.

Description:
This extensive parcel of land is some 2.43 acres. To the northern end of the land there is a range of dilapidated structures formerly utilised for poultry housing. Prospective bidders should rely on their own surveys and measurements however, based on ordinance survey data, the total footprint of this poultry housing extends to some 10,000 sq. ft. The remainder of the land appears to have not been maintained for a number of years and is now a mix of woodland and overgrown scrub areas.

Potential/ Planning Data:
The land is sold on an unconditional basis, and bidders are deemed to rely solely on their own enquiries as to any permissions that may be required for intended use or development prospects, however, the auctioneers have researched the local planning authority website , Tandridge District Council, which does not appear to reveal any planning history in respect to this land. The Councils data does reveal that whilst the land is located within the Green Belt and, outside the zoned “urban area”, there does not appear to be any Tree Preservation Orders , the land is not within the Conservation Area or Area of Outstanding Natural Beauty but bidders must rely on their own research.

Overage Provision:
It is intended that the land be sold subject to an overage provision however, the Seller has indicated that for a pre-auction sale, they will consider offers without overage at a price that reflects the removal of this benefit to them. In the alternative, the overage would apply providing the Seller with the benefit of 32% of the increase in land value arising from planning permission for development being granted.

Total Site Area:
2.43 Acre Site incorporating circa 10,000 sq. ft of Former Poultry Housing.

To View:
Strictly and only by prior arrangement with the auctioneers.

Enquiries/Legal Pack/ Offers:
For further enquiries, copy of the legal pack or to make a pre-auction offer based upon an exchange of the auction contract contact: 0208 741 9990
[email protected] OR
[email protected]





Important Notice:
For each Lot, a contract documentation fee of £1,800 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior areas and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
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. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. 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 SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.