Land & Development in BB8
Coal Pit Lane, Colne, Lancashire, BB8 8NR
Online auction
- Fantastic opportunity with potentially of more development opportunities subject to planning permission
- Approximately 1.4 Acres of land
- Planning permission granted for 2 holiday homes
- Great views over the valley
- Close to Colne town centre
Land & Development in BB8
For sale via secure sale online bidding - terms and conditions apply.
This exceptional parcel of land presents a rare and exciting opportunity for investors and developers alike. Extending to approximately 1.4 acres, the site benefits from full planning permission for the construction of two holiday homes, making it an ideal prospect for those seeking to capitalise on the growing demand for high-quality holiday accommodation in this desirable area.
The land occupies an elevated position, affording outstanding views over the picturesque valley, creating an attractive setting for future occupants and enhancing the appeal of any completed development. Situated in close proximity to Colne town centre, the location combines the tranquillity of a semi-rural outlook with the convenience of easy access to a wide range of local amenities, shops, and transport links.
The granted planning permission provides a clear route to immediate development, while the generous size of the plot may offer further potential for additional projects, subject to obtaining the necessary consents from the local authority. This flexibility ensures the site will appeal to a wide variety of buyers, from those looking to deliver bespoke holiday accommodation to investors considering longer-term strategies.
The surrounding area is renowned for its natural beauty, attracting visitors throughout the year, which further underlines the commercial viability of holiday home ventures on this land. With its combination of size, location, and existing planning approval, this is a remarkable chance to acquire a substantial site with both immediate and future development potential. Interested parties are encouraged to review the planning documents and make their own enquiries regarding any further development possibilities. Secure Sale online bidding ensures a transparent and straightforward purchasing process, and early viewing is highly recommended to fully appreciate the scope and possibilities on offer.
This is a unique opportunity to secure a prime development site in a sought-after location, perfectly positioned to take advantage of the local tourism market and the continuing popularity of holiday lets in the region. Do not miss the chance to invest in this outstanding site, which offers both immediate development options and the potential for further enhancement, subject to planning. For further information or to arrange a viewing, please contact our office at your earliest convenience.
Summary
- Property Type: Land & Development
- Tenure: Freehold
- Parking: None
Description
Exceptional parcel of land presents a rare and exciting opportunity for investors and developers alike
Location
Situated in close proximity to Colne town centre
Tenure
Freehold - Title number LA941931
Additional Information
For further information please contact our office directly on 0191 737 1154, or alternatively via email on commercial@pattinson.co.uk. With regards to viewing subject property, this is to be done strictly by appointment.
This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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