Newcastle, Craven Arms, Shropshire, SY7
Guide price £50,000 | 4.23 acres

Tenders close Wednesday 8th May 2024 at 12 noon.

Lot 3 : 4.23 acres of Pasture /Arable land together with a Traditional Stone Farm Building.

PENRHIEW LODGE
Located west of Craven Arms and east of Newtown, the holding occupies an attractive position overlooking the village of Newcastle and beyond. As a whole the farm offers mixed farming with some excellent level arable land running up to some higher pasture and woodland.

The land would have excellent stocking capabilities in this renowned farming area of South Shropshire. This is a rare opportunity for a prospective purchaser to purchase a farm in the upper reaches of the Clun Valley.

LOT THREE - 4.23 ACRES OF PASTURE LAND & TRADITIONAL STONE FARM BUILDING
Adjacent to the village of Newcastle lies this stunning 4.23 acre pasture field adjoining the Folly Brook providing a good water supply. The land has good roadside access and has a traditional stone building near the access which appears in good repair.

The land lies close to the village and may have other possible uses in the future.

The land is contained within the following schedule:

Parcel ID Description Acres Hectares
SO2482 5639 Pasture/Arable land 4.23 1.71
TOTAL 4.23 ac 1.71 ha

For sale by Formal Tender (subject to prior sale.)

SPORTING RIGHTS
Sporting rights will be included in the sale.

TIMBER
Any standing timber is included in the sale.

BASIC PAYMENT SCHEME
The payments are now delinked and will remain with the vendor.

ENVIRONMENTAL STEWARDSHIP
The land is not entered into any schemes which gives prospective purchasers the opportunity to enter a suitable scheme.

INGOINGS
The land is sold free from ingoings.

SERVICES
The mains water is connected to Lot 4 only.

TENURE
Is freehold.

FIXTURES AND FITTINGS
Only Fixtures and Fittings mentioned in these particulars are included with the sale of the freehold. Any others are expressly excluded.

EASEMENTS, WAYLEAVES AND RIGHTS OF WAY
The property is sold subject to, and with the benefit of, all easements and quasi-easements and rights of way, declared and undeclared. Lot 6 has a foot path running through 0291 & 8384

TOWN AND COUNTRY PLANNING
The property is offered subject to any development plans, tree preservation orders, ancient orders, public rights-of-way, town planning schedules, or resolutions which may be or may come into force. The purchaser(s) will be deemed to have full knowledge of these and have satisfied themselves as to the effects such matters have on the property.

AUTHORITIES
Shropshire County Council: 0345 678 9000Rural Payments: 03000 200 301

AGRICULTURAL TIE - PENRHIEW BUNGALOW (LOT 4)
Occupation of the dwelling shall be limited to a person employed or last employed locally full-time in agriculture as defined in Section 290(1) of the Town and Country Planning Act, 1971 or forestry or a dependant of such a person residing with him (but including a widow or widower of such a person)

PLANS, AREAS AND SCHEDULES
These are based on Ordnance Survey material and are for reference only. They have been checked and computed by the agents and the purchaser shall be deemed to have satisfied himself as to the description of the property and any error or mis-statement shall not annul the sale, nor entitle either party to compensation. The plan is for the purposes of identification only and is based on the Ordnance Survey Sheets.

BOUNDARIES
The purchaser shall be deemed to have full knowledge of all boundaries and neither the vendor nor the vendor's agents will be responsible for defining the boundaries or ownership thereof.

WHAT3WORDS
Lot 3///fetching.weekday.behaving

DIRECTIONS
From Clun, take the B4368 towards Newcastle. At Newcastle take the right turn and the farm is on your left. From Newtown take the B4368 to Newcastle and follow the signs.

METHOD OF SALE
The Farm is offered for sale as a Whole or in 6 Lots by Formal Tender. Formal Tenders (which will constitute a contract of sale on the part of the purchaser/s) are to be received in writing at the offices of McCartneys LLP Wylcwm House, Wylcwm Place, Knighton Powys LD7 1AE no later than 12 noon on Wednesday 8th May 2024. Formal Tender Contract Packs are available from the vendors solicitors office at a cost of £25 (inclusive of VAT) per pack and can be ordered on 01982 552331. Tenders and associated documentation should be placed in a sealed envelope marked ''Private and Confidential' and ''Tender for Penrhiew Lodge'.The vendors reserve the right to refuse the highest or any tender. An extended completion date of up until 4th July 2024 is offered or earlier by arrangement. A grazing/mowing licence will be offered between exchange and completion to the successful purchaser/s

UPLIFT CLAUSE
Lot 3 has an uplift clause for 25 years at 25% of the uplift in value should planning permissions be obtained in that time.

VENDORS SOLICITORS
H Vaughan Vaughan & Co Solicitors Manchester House, 50 High Street, Builth Wells, LD2 3AD. All enquiries of a legal nature should be addressed to Anthony Mears. Tel: 01982 552331 or email to: anthony@hvaughan.co.uk

PRICE GUIDE
Lot 3 - £ 50,000

HEALTH AND SAFETY
The Auctioneers advise all prospective purchasers when viewing the property to take due care.

VIEWING
Strictly by appointment through the selling agents.

AGENTS ADDRESS
McCartneys LLP, Wylcwm House, Knighton, Powys, LD7 1AE Telephone: 01547 528 621 / Jenny Layton Mills 07867 522859