FOR SALE BY INFORMAL TENDER.
AS A WHOLE OR IN 3 LOTS
AN EXCELLENT BLOCK OF 106 ACRES OF FREEHOLD ACCOMMODATION LAND WITH VACANT POSSESSION UPON COMPLETION TOGETHER WITH
A TRADITIONAL BARN THOUGHT TO HAVE PLANNING POTENTIAL SUBJECT TO THE NORMAL APPROVALS
TENDERS CLOSE FRIDAY 24th JUNE 2022 AT 12 NOONAgents McCartneys LLP, The Ox Pasture, Overton Road, Ludlow, SY8 4AA. Tel: 01584) 872251 (Ref. JU) www.mccartneys.co.ukSolicitor Lodders Solicitors LLP, 25 Imperial Square, Cheltenham, GL50 1QZ Tel: (01242) 229091 or 07785 616432 (Ref. JF)
GENERAL REMARKS AND STIPULATIONSLOCATIONProceeding from Castlemorton to Welland on the B4208. On leaving Castlemorton common the land will lie immediately on your right hand side. It has public highway access from two highways, one being the B4208 and the other the by-road that runs in front of the village hall (Church Road). The position of the land is shown on the plan attached to these details. There will be lot numbers and boards on the landLEGAL PICTUREThe land in question is let on a licence basis. The licence period ends on the 31st August 2022 but there is a right of holdover for the harvesting of arable crops. The property is therefore sold with vacant possession upon completion. GROWING TIMBERAll timber is included in the sale. SPORTING RIGHTSThe sporting rights are in hand. BASIC PAYMENT ENTITLEMENTSThis sale excludes the Basic Payment Entitlements. The entitlements will be available by a separate agreement if purchasers so wish, at market value. For the avoidance of doubt the Basic Payment monies for the 2022 payment year will be retained absolutely by the vendor. There will be an indemnity in the contract whereby the purchaser indemnifies the vendor for any breaches in cross compliance requirements resulting in loss of said payment for the period from completion to the end of the payment year.
MISREPRESENTATION ACTMcCartneys for themselves and the vendors of the property, whose Agents they are, give notice that these particulars, although believed correct, do not constitute any part of any offer or contract, and that all the statements contained therein as to the property are made without responsibility and are not to be relied upon as statements or representations of fact, and that they do not give any representation or warranty in relation to this property. The intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in the particulars.PLANS, AREAS AND SCHEDULES These are based on the Ordnance Survey and are for reference only. The purchaser shall be deemed to have satisfied himself as to the description of the property, and any error or misstatement shall not annul the sale or entitle any party to compensation in respect thereof.
WAYLEAVES, EASEMENTS AND RIGHTS OF WAYThe property is sold subject to and with the benefit of all easements, quasi-easements, wayleaves and rights of way, declared and undeclared. TENURE AND POSSESSION The property is sold freehold with vacant possession on completion.VIEWING At any reasonable time.METHOD OF SALEBy informal tender.RESERVATION OF RIGHTSIn the event that following tenders there are a number which have little difference between them, the vendor reserves the right to put the property up for sale by private auction with invitations being delivered to the highest tenderers to attend. WATER SUPPLYAll of the lots have mains water. The purchaser of Lot 6 will keep the mains connection. If lots 5 and 7 are purchased by separate individuals they will be responsible within 1 month from completion to connect their particular lot to the main which runs in the public highwayINGOING VALUATIONThere will be no ingoing valuation.
UPLIFT CLAUSEThere will be an uplift clause in the contract for Lot 7 for 40% of any increase in value for the obtaining of planning permission to develop the traditional barn within the next 20 years. Also such uplift shall apply to the paddock being sold with the barn for any development except agricultural buildings or stables. The uplift to be calculated after deducting the cost of obtaining such planning and after any community infrastructure levy that may be payable.SIGNING OF CONTRACTThe successful purchaser will be required to sign a contract within four weeks of acceptance of their tender. To facilitate this timetable the vendors' solicitors will have prepared a sale pack prior to the tender process. Certain searches will have been carried out. Purchasers will be required to pay approximately £200 per lot plus VAT to cover the costs of such searches. SOLICITORSLodders Solicitors LLP, 25 Imperial Square, Cheltenham, GL50 1QZTel: (01242) 229091 or 07785 616432 (Ref. JF)
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