Lot 05 - Development Site at, 11 The Jamb, Corby, Northamptonshire, NN17 1AY

  • Unconditional Online Auction Sale
  • Guide Price* : £135,000+

Rarely available, development opportunity in Corby Old Village centre with full planning permission for the construction of 2 x ground floor retail units and 2 x residential 1-bedroom maisonettes above. Easy walking distance to Corby train station and other local amenities.


Situation & Description

This rare development opportunity offers a buyer the chance to purchase an easily developed parcel of land with the benefit of full planning permission for the erection of 2 x retail units with 2 x residential 1-bedroom maisonettes above. The development proposal involves the construction of two extensions to the rear of number 11 The Jamb which is an existing retail unit.

Easy access to main roads, several bus stops in close proximity and only a five-minute walk to Corby town centre (0.3 miles) makes this an amazing retail as well as residential development opportunity.

Within walking distance you will find Corby Old Village Primary School, West Glebe Park and a variety of shops, cafes and restaurants as well as Corby train station.

Planning consent has been granted by North Northamptonshire Council for the erection of two retail units with two residential units over under application number: 20/00042/DPA

Once built, the property will comprise of:
- Two x retail units, each with separate Office Space and W.C.
- Two x 1-bedroom maisonettes, each with Living Room, Kitchen, Dining Area and Bathroom on the first floor and a good-sized Bedroom on a galleried mezzanine floor above.

Copies of the decision notice and approved plans are available upon request.

It is believed that mains services are available but it is the responsibility of prospective purchasers to satisfy themselves as to the availability and suitability of such services by making all necessary enquiries to the relevant statutory authorities.

Auction Details
The lot is to be sold by online auction on Wednesday 17th August at 4pm (bidding opens on Tuesday 16th August at 12pm)

All interested parties who wish to bid, please contact My Auction on 0207 101 4868

Please note that a Buyer’s Premium of 1.2% inc.VAT of the purchase price is to be paid by the successful Buyer subject to a minimum fee of £2,400 (inc of VAT).

* 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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