The land on Newlyn Way extends to approximately 0.17 acres (0.07 hectares). The site offers potential for a variety of uses, and subject to obtaining the necessary consents may be suitable for residential development.
Prospective purchasers are advised to carry out their own due diligence and investigations in respect of planning and any other relevant permissions. The site is being sold without the benefit of planning permission.
The land is located to the west of Green Lane, along Newlyn Way in Redcar, North Yorkshire. Redcar is a well-established coastal town on the north-east coast of England, approximately 7 miles east of Middlesbrough. It falls within the borough of Redcar and Cleveland, part of the wider Tees Valley region. Redcar benefits from strong transport links, including direct rail services to Middlesbrough, Darlington, and beyond. The nearby A174 and A66 provide convenient road access to regional and national routes. The area is also close to notable natural and recreational attractions, such as the North York Moors National Park to the south and the Cleveland Way coastal trail, enhancing its appeal for both residential and leisure development.
ADDITIONAL TERMS
1. This lot is for sale subject to unconditional auction terms.
2. If the reserve price is met or exceeded, contracts will exchange with immediate effect upon the close of the auction.
3. Following exchange of contracts, parties have 28 days in which to complete the purchase (unless specified otherwise in the special conditions).
4. A non-refundable deposit of 5% is payable within 1 hour of the auction closing.
5. The winning bidder is to make payment to the auctioneer a reservation fee of 6% including VAT subject to a minimum of £6,000 including VAT. The reservation fee is payable in addition to the purchase price and is payable within 1 hour of the auction closing.
6. An administration charge of £714 including VAT is payable by the successful buyer within 1 hour of the auction closing.
7. A legal pack has been provided by the seller’s solicitor and is available to download. We strongly recommend reviewing this thoroughly and discussing any queries with your solicitor prior to bidding.
8. I acknowledge that the seller may accept my bid at any time prior to the scheduled auction end date.
* 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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