Land Off A5199, Welford

An attractive block of pastureland with agricultural building and road frontage. Extending to 6.04 acres (2.44ha)

For sale by Online Public Auction - Wednesday 3rd September at 12pm

Situation - The land is situated to the south-east of Welford village and can be accessed via a secure gated entrance directly off of the Northampton Road (A5199), which connects Welford with Junction 1 of the A14 and Thornby village to the south.

Leicester and Northampton are equidistant to the north and south with extensive amenities and commercial centres. The land benefits from excellent road links with the A14 dual carriageway, M1 and the M6 located within proximity as well as rail services at Market Harborough, Northampton, and Rugby, which offer direct lines to London.

The location is shown on the plan.

Distances

Welford - 1 mile
Lutterworth - 7 miles
Market Harborough - 7 miles
Daventry - 11 miles
Northampton - 13 miles

Description - The land comprises three parcels of pastureland, a steel portal frame agricultural building (12.3m x 9.25m), yard and hardcore track running from the road, extending in all to about 6.04 acres (2.44 hectares). Planning permission for the agricultural building, hardstanding and associated access was granted in May 1995.

The boundaries comprise a combination of mature hedgerows and post & wire, with post & rail fencing separating each parcel. There is a small pond situated in the northeast corner of the field.

The land is classified as Grade 3 on the Agricultural Land Classification maps, beings lowly permeable seasonally wet slightly acid but base-rich loamy and clayey soil with moderate fertility.

With the closest public bridleway 60m from the gateway, the land would be well suited to equestrian use subject to obtaining the necessary planning consents.

Tenure & Possession - The land is sold freehold with vacant possession given on completion from Title Number: NN123034.

Easements, Wayleaves And Rights Of Way - The land is sold subject to and with the benefit of all other easements, wayleaves and rights of way that may exist at the time of the sale whether disclosed or not.

Sporting And Mineral Rights - Where Sporting and Mineral Rights are owned, they will be included in the sale.

Services - The property benefits from a mains water connection which feeds several water troughs at the property. Mains electricity and drainage is not currently connected.

Purchasers should make their own enquiries regarding the location of mains service supplies.

Overage Clause - An overage clause will be included within the sales contract which will reserve 30% of any increase in value due to any non-agricultural or non-equestrian development that takes place on the land for a period of 30 years from the date of sale, triggered upon the implementation of a planning consent or the sale of the property following planning consent.

Plan, Area & Description - The plan, area and description are believed to be correct in every way but no claim will be entertained by the vendor or the agents in respect of any error, omissions or misdescriptions. The plan is for identification purposes only.

Auction Terms - The property is for sale by online auction. All details, terms, conditions and contract pack are available on our website.

Online Auction Access - Please visit the Howkins & Harrison website (howkinsandharrison.co.uk), click ‘Auctions' in the main heading menu then 'Online Auctions'. To bid; click 'Register' and verify your email address. Should you be successful in the purchase of this property, the following payments are due upon exchange:

£5,000 (incl VAT) is taken from the registered card (on the fall of the hammer) and is apportioned as follows:
- Auctioneers Buyers Premium - £1,800 (inc VAT)
- Auction Platform Fee - £1,980 (inc VAT)
- £1,220 towards deposit.
The remainder of the 10% deposit of the purchase price is due by 12pm the next working day.

The purchaser is subject to the following payments upon completion:
- Balance of the purchase price
- Search fees - £1,163 (inc VAT)
- Transfer fee - £234 (inc VAT)
- Administration fee - £480 (inc VAT).

Anti Money Laundering Regulations - Under the money laundering directive (S12017/692) we are required under due diligence as set up under HMRC to take full identification (e.g. photo ID and recent utility bill as proof of address). When a potential purchaser submits an offer for a property, please be aware of this and have the information available.

Viewing - Strictly by prior appointment through the agent’s Rugby office on , or email: .

Vendors Solicitor - Morgan Baines
Arnold Thomson Solicitors
Harborough Innovation Centre,
Market Harborough,
Leicestershire
LE16 7WB

Telephone:
Email: morgan.

Local Authority - West Northamptonshire Council –

Contract Pack - The contract pack is available through our auction platform and available via the ‘online auction’ pages of our website.

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