The total site area extends to approximately 1.25 hectares (3.09 acres). Please refer to the legal pack for further information.
The subjects comprise an irregular shaped site that runs under the B7058. Entry to the site is gained from the nearby access road, and the configuration of the site would lend itself towards a variety of uses subject to planning. The site is covered in a mixture of vegetation and woodland.
We would strongly recommend that any prospective purchaser satisfies themselves with the full extent of the subjects by reviewing the full title and legal pack relating to this disposal prior to purchase. The information provided is indicative only.
Location
The subjects are situated in the residential area of Mount Vernon which is located in the east end of Glasgow. The area was originally a mining village but has seen significant change over the years.
Mount Vernon is well-connected to Glasgow through various methods such as bus and train. The nearby Mount Vernon train station provides access to Glasgow City Centre and other surround areas nearby.
Accommodation
Size - Approximately 1.25 hectares (3.09 acres).
Terms
PLANNING - The land is located within Glasgow City Council area. It is the responsibility of any potential purchaser to ensure they are satisfied in this regard. Further details can be accessed on the Glasgow City Council website at https://www.glasgow.gov.uk/
RATEABLE VALUE - It appears that the subjects are not entered within the current Valuation Roll. Prospectivepurchasers are advised to make their own enquiries.
AUCTION DATE - The auction will be held on 15th August 2024 at 2:XXXm and interested parties should register at: www.shepherd.co.uk/commercial-auctions
Buyers will be required to pre-register prior to approval of their bid.
DEPOSIT - At the end of the auction, if the reserve price has been met, a 10% deposit (subject to a minimum deposit of £XXX) will be payable.
RESERVE PRICE - The reserve price is the minimum price for which the property can be sold and is confidential between the auctioneer and the vendor and cannot be disclosed.
If the reserve price isn’t met, the property will remain unsold. You can contact our team and at this point you’ll be able to make an offer which will be referred to the sellers for their consideration.
VAT - The site is elected for VAT. See legal pack for further information.
LEGAL PACK - The legal pack is available to view online.
GUIDE PRICE - The heritable interest is for sale at a guide price of £XXX plus VAT.
If properties are advertised with a guide price this will be within 10% either above or below the reserve price.
If the guide is shown as falling within a range of prices, then the reserve price will not exceed the highest value quoted.
BUYER FEES - The buyer’s fee is 2% plus VAT subject to a minimum of £XXX plus VAT.
ENERGY PERFORMANCE CERTIFICATE - Not Applicable.
ANTI MONEY LAUNDERING REGULATIONS - The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.
Specification
- AUCTION DATE: 15TH AUGUST 2024 AT 2:30PM
- TOTAL SITE AREA: APPROX. 1.25 HECTARES (3.09 ACRES)
- GUIDE PRICE: £XXX PLUS VAT