Coal Pit Lane, Colne, Lancashire, 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.

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 , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this 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. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.