Developments – footnote

Please note: Development or Investment site (s), bought through Property Shop Land & Development the purchaser is required to retain us at the rate of 1.5% (minimum fee of £2,000) plus Vat at the prevailing rate. For any Land, Development or Investments acquired, Property Shop Poole must be instructed to re-sell the finished units at 1.25% or re-let at 9% (fully managed) the acquired property or the developed properties on a sole agency basis within three years of completion. If Property Shop Poole are not instructed and the acquisition is sold or Let by the purchaser/s within this period, an additional fee of 1.25%t (minimum fee £2,000 + vat) of the original purchase price will be chargeable to the purchaser in addition to any other costs or charges agreed. Once the three year period after completion of the purchase has expired, the purchaser is free to offer the acquisition to any third party with Property Shop Poole having no financial interest.