Belmont Road, Erith

Being Sold via Secure Sale online bidding, Terms & Conditions apply. In partnership with Pattinsons Auction. Starting Bid £765,000. Development Site With Planning Permission For 4 Dwellings. Planning Ref - 22/02978/FUL

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £765,000

VAT
This property is not registered for VAT.

TENURE
Freehold

LOCATION DESCRIPTION
Situated on the corner of Belmont Road and Becton Place just around the corner from the A220 Bexley Road/ Erith Road. Erith Train Station is only 1.5 Miles Away with excellent links to central London. The A2 is 2.2 Miles away, with links to London and the M25.

PROPERTY DESCRIPTION
A development site with planning permission for 4 x 3 bedroom dwellings with integrated garages.
Planning permission approved by London Borough of Bexley. Full details can be found under the reference - 22/02978/FUL
Planning expires in October 2026.
The site currently consists of a building, with a footprint measuring approx. 3,367 SqFt that has been used as a Nursery.

CURRENT BUSINESS RATES
We were unable to find rates information regarding this property. Interested parties are advised to seek clarification from the local authority.

CURRENT CLASS OF BUSINESS USE
We believe the current use class falls within the F2 class, although the approved planning permission allows for a change of use to C3

EPC
As the site is up for redevelopment an EPC is not required.

AUCTIONEERS ADDITIONAL COMMENTS
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.