Lot 42 Land fronting Fisgard Way, Trevol Business Park, Torpoint, PL11 2TB

Property Enquiries

Simon Riggall

simon.riggall@bidx1.com
+44 (0) 7732 681 151

Viewing/ Registration Enquiries

BidX1 Support Team

info@uk.bidx1.com
+44 (0) 20 7703 4401

Vendor Solicitor

Albert Varilone

al@alvarilonesolicitor.co.uk
01604 635 252
Description
Map
Viewings

Property Summary
  • Freehold land within an established business park
  • 0.95 hectares (2.35 acres)
  • Vacant possession
Tenure

Freehold

Location

Torpoint faces the maritime city of Plymouth across the River Tamar Estuary with direct access to Plymouth city centre via the busy Torpoint Ferry in a seven minute journey. The major access route from Torpoint to the west is the A374 which links Torpoint to the A38. Torpoint has a population of circa 8,500 and a strong navel heritage being home to HMS Raleigh, the Royal Navy's main training base. The Trevol Business
Park is the towns principle business park and is located on the north west edge of Torpoint facing HMS Raleigh and with direct access off the A374.

Description

The property comprises a site that lies to one side of the business park with a long frontage to Fisgard Way. The site is gently sloping and extends to approximately 0.95 hectares (2.35 acres). Approximately half of the site is clear and fairly level, the remainder containing a mound of builders rubble formed from the demolition of MOD buildings.

Planning

Pre-application (Ref PA17/00903/PREAPP) was submitted to Cornwall Council in 2017 with a proposal to develop the site to provide 44 light industrial/office units, of a range of sizes.  Copy document and further information is included in the legal pack.  For further enquiries contact Cornwall Council (0300 1234 151) www.cornwall.gov.uk

VAT
VAT is applicable to this sale, please refer to the legal documents for further details.

*Terms and Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,250 (inclusive of VAT) charged by BidX1. In the case of a joint agent this administration fee will be £2,400 (inclusive of VAT). In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,500 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.


Contact Simon about this property