Land at Coleorton Lane, Packington
Land off Coleorton Lane , Leicestershire , le65 1xe
- 13
Key features
Guide Price: *
£75,000
Fees apply
Buyer's fee:£3,780
Admin fee:£576
Legal fee:£1,393.20
All fees include VAT at 20%
Holding Deposit: *£1,220
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£137,200Bid history
48 bidsCThis is an automatic bid as the bidder has set a maximum bid for this lot
29/10/2024 12:02:29 - £137,200
JThis is an automatic bid as the bidder has set a maximum bid for this lot
29/10/2024 12:01:18 - £136,200
CThis is an automatic bid as the bidder has set a maximum bid for this lot
29/10/2024 12:01:18 - £135,200
See all 48 bids ▾
An exciting opportunity to purchase a parcel of land extending to 3.04 acres of pastureland located between Packington and Ashby de la Zouch benefitting from a workshop building and concrete yard.
Features:
· Attractive parcel of pastureland
· 3.04 acres split into two paddocks
· Road frontage
· Potential for equestrian or amenity use subject to obtaining the necessary planning consents
· Rural location with excellent access to transport links
· Workshop building with concrete base
Location
The land is situated between the village of Packington and town of Ashby de la Zouch. The land is located off Coleorton Lane and benefits from road frontage.
Distances
Ashby de la Zouch – 1.8 miles
Coalville – 4.8 miles
Swadlincote – 7.0 miles
A42 Junction 13 – 1.8 miles
M1 Junction 24 – 11.8 miles
Description
The land extends to approximately 3.04 acres of pastureland with direct access from Coleorton Lane. The land is split into two parcels and includes a workshop building with concrete yard area. The land is bordered by mature hedgerows to all sides.
The land is currently used for agricultural purposes and has been mown for hay in recent years.
The land would be suitable for equestrian or amenity uses subject to obtaining the necessary planning permission.
Overage
The property is sold with an overage clause which claws back 20% of any development uplift in value
attributed to any change of use or planning permission for a period of 15 years.
For the avoidance of doubt the overage will not be triggered by any agricultural, equestrian or forestry use.
Easements, Wayleaves and Rights of Way
There is a public right of way crossing through the western parcels of land, this is identified on the site plan. We are not aware of any other rights of way that cross through the land.
The land is sold subject to and with the benefit of any other easements, wayleaves and rights of way that may exist at the time of the sale, whether disclosed or not.
Services
We do not believe that the land benefits from any services. Purchasers are to make their own enquiries as to connectivity.
Viewing
Please contact Anna Meynell or Lily Taylor on 01530 877977 (option 4) or by email to
anna.meynell@howkinsandharrison.co.uk or
lily.taylor@howkinsandharrison.co.uk
Method of Sale
The land will be sold by auction.
Anti Money Laundering
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.
Local Authority
The local planning authority is North West Leicestershire District Council - 01530 45454
Auction Terms - The property is for sale by online auction. All details, terms, conditions and contract pack are available on our website.
Contract Pack - The contract pack is available via the ‘online auction’ pages of 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 to a maximum of £927.44 (inc VAT)
• Transfer fee - £234 (inc VAT).
• Administration fee - £480 (inc VAT).
Full terms and conditions for the online auction are available on our website.
Summary
- Auction end
- 29th Oct at 12:07
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- Ask Agent
Summary
- Auction end
- 29th Oct at 12:07
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- Ask Agent
This property is being sold by:
Howkins & Harrison - Farm and Rural
01530 877977
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Howkins & Harrison Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Howkins & Harrison Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
