Property Details: • Type: Land • Tenure: N/A • Floor Area: N/A
Key Features: • Sold freehold and with vacant possession • Planning permission for 5 townhouses with scope to widen the scheme • Approx. total of 0.9a (0.36ha)
Location: • Nearest Station: Hapton Station • Distance to Station: 1.527968233150971 miles
Agent Information: • Address: 340 Deansgate, Manchester, M3 4LY
Full Description: <p>For sale by Auction on 26 May 2026.</p><p>A freehold parcel of land extending to approximately 0.9 acres, situated in a well-regarded and established residential location in Padiham. The site presents an attractive opportunity for developers and investors alike, comprising a parcel to the east with the benefit of planning permission for the construction of 5 townhouses, together with a larger section of land to the west which is not included within the current consented scheme but may offer further potential, subject to all necessary consents. <br /> <br />The property occupies a convenient position fronting Grove Lane, in an area considered well suited to residential development. The sale therefore offers an excellent opportunity for a purchaser to progress the existing consented development whilst also exploring the longer-term potential of the adjoining land. We understand the larger western parcel has previously been assessed positively within the SHLAA, which may provide further encouragement to parties considering the wider development prospects of the site, although all parties should rely on their own investigations.</p><p><b>Tenure:</b> See Legal Pack</p><p><b>EPC Rating:</b> NA</p><p><b>Terms:</b><br /> Auction Details <br /> <br />The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type. <br /> <br />Binding contracts will be exchanged at the point of sale. <br /> <br />All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws. <br /> <br />Auction Deposit and Fees <br /> <br />The following deposits and non- refundable auctioneers fees apply: <br /> <br />• 10% deposit (subject to a minimum of £5,000) <br /> <br />• Buyer’s Fee of 1.8% of the purchase price (subject to a minimum of £2,400 inc. VAT) <br /> <br />There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. <br /> <br />Additional Information <br /> <br />For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page. <br /> <br />This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties). <br /> <br />Guide Price & Reserve Price <br /> <br />Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms. </p>
