Albert
Simms was a well known local property
investor. Some development land was
being sold at auction which Albert
knew to be in an excellent location.
He bought the land at auction for
£750,000 which he considered
a fair price because he knew that
it already had outline planning permission.
Unfortunately, Albert had not completed
a pre-auction property check. He subsequently
discovered that a small strip of land
providing access to the site was owned
by a neighbouring farmer. The farmer
was not keen on property developers
and refused to sell the access strip
to Albert. After three years delay,
the farmer finally agreed to sell
the small strip of land for £250,000.
Barnes Marsland Property could have
completed a pre-auction check on the
property for about £500 and
saved Mr Simms a great deal of money.
Call Barnes Marsland today
on 0845 270 3999 or email property@barnesmarsland.co.uk
to outline your requirements
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