Lot 2 - Land, Eleanor Street, Blackburn, Lancashire, BB1 1HW

Unconditional Online Auction Sale
Guide Price* : £350,000 plus

Development Land
Approximately 0.47 hectares (1.16 Acres)
PAst planning permissions for 88 bed care home and before that 70 apartments

ON BEHALF OF RECEIVERS: Town centre development opportunity comprising land approximately 0.47 hectares (1.16 Acres) suitable for a variety of uses subject to planning (expired separate planning permissions for a 88 bed care home and 70 apartments)

Description

The property comprises a site of approximately 0.47 hectares (1.16 Acres) that is considered to have development potential subject to obtaining the necessary consents. It is predominantly level, with a large proportion covered in tarmac/hard core. It has previously benefited from a number of planning permissions that have expired, most recently Application 10/15/0296 which was outline consent for a four storey 88 bed care home granted on 24th October 2016 and prior to that Application 10/10/0678 which was an extension of a time limit for a 70 apartment scheme granted on 22nd July 2010.

Part of the site is subject to a long lease (Title LA386336) for a term of 935 years from 1 May 1915 covering an area of approximately 342.90 sq. m (410 sq. yards).

Location

Situated in a mainly commercial area, approximately 0.5 mile to the east of the town centre. To the north of the site is the Leeds Liverpool canal and Eleanor Street is accessed from the A6078 which is effectively a ring road around the town centre. To the south of the A6078 is a residential area and access to the M65 motorway is approximately within 1.5 miles at junction 6.

Tenure

The site comprises three titles; Freehold LA53034 and long leasehold titles LA936651 (990 years from 1st January 1864) and LA453035 (part 990 years from 1st January 1864 and part 999 years from 25th December 1851).

Buyers Administration Fee

There will be a Buyer's Administration Fee of £3,600 (inc VAT) payable upon exchange of contracts.

Additional Information

1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.

2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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