Land off the A5, Kilsby, Northamptonshire CV23 8XZ
Land off the A5, Kilsby, CV23 8XZ
- 7
Guide Price: *
£90,000
Fees apply
Buyer's fee:£3,600
All fees include VAT at 20%
Holding Deposit: *£1,400
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£90,000Bid history
1 bidN
16/05/2023 18:48:40 - £90,000
For sale by public online auction, closing on Wednesday 14th June 2023 at 12 noon.
An attractive parcel of undulating pasture extending to 9.83 acres or thereabouts, situated on the edge of Kilsby.
For information regarding this auction land, please contact our Rugby office on 01788 564680.
Situation
The land has road frontage and is situated on the eastern side of Watling Street (A5) leading south of the village of Kilsby.
Access can be gained via one of two gated entrances off the hardcore track situated along the southern boundary. The land has frontage along the western boundary and surrounds the Kilsby tunnel on west coast main rail line, which runs beneath the land.
Description
The land extends to approximately 9.83 acres bordered by a mixture of post, stocking netting fencing and mature trees to three sides. The northern boundary is enclosed by palisade security fencing, with Network Rail being responsible for maintenance.
Adjacent to the northern boundary is Kilsby tunnel, which runs underneath the parcel of land. A mains fed water trough is situated along the southern boundary in the south-west corner of the land.
The land is classified as Grade 3 on the Agricultural Land Classification Maps, being a slowly permeable base-rich loam and clay soil.
Tenure & Possession
The land is sold freehold with vacant possession being given upon completion.
A grazier currently occupies the land under a grazing licence, however vacant possession will be given upon completion.
Development Uplift
The property will be sold subject to a development uplift clause which will reserve 30% of any increase in value due to any non-agricultural non-equestrian development that takes place within a period of 30 years from the date of sale.
This clause will be triggered either upon the implementation of a planning consent or the sale of the property following planning consent. For the avoidance of doubt any agricultural buildings or stables or equestrian facilities constructed and used for this purpose would not trigger the clawback clause.
Services
The property benefits from mains water which feeds a trough to the southwest corner of the land.
The purchasers should note it is their specific responsibility to investigate the availability of the services.
Wayleaves, Easements and Rights of Way
The land will be sold with all wayleaves, easements and rights of way which may affect or benefit this property.
Restrictive Covenants
Not at any time thereafter to build, erect or place or allow to be built, erected or placed on the Property or any part thereof any hut, tent, temporary dwelling, caravan, house on wheels or encampment intended for use as a dwelling.
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 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 closing on Wednesday 14th June. 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. The successful purchaser of this property is subject to an admin fee and buyer’s premium of £3,600 (including VAT) as stated on the auction listing. The buyer will also be required to reimburse the search fees of up to £620 (Payable to the vendor’s solicitor upon completion.)
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
Viewing of the property can be at any time during daylight hours with a copy of these particulars to hand. Access is available via one of the secure gates along the southern boundary. For more information, please contact the Rugby Office on 01788 564680.
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Vendor Solicitor
Kate Austin, Arnold Thomson 205 Watling Street, Towcester NN12 6BX E: kate.austin@arnoldthomson.com | T: 01327 350266
Local Authority
Rugby Borough Council Tel. 01788 533533
Legal Pack
The legal pack containing contracts, transfers, searches and overage clause is available on our website.
Restrictive Covenants
Not at any time thereafter to build, erect or place or allow to be built, erected or placed on the Property or any part thereof any hut, tent, temporary dwelling, caravan, house on wheels or encampment intended for use as a dwelling.
Every care has been taken with the preparation of these sales particulars, but complete accuracy cannot be guaranteed. In all cases, buyers should verify matters for themselves. Where property alterations have been undertaken buyers should check that relevant permissions have been obtained. If there is any point, which is of particular importance let us know and we will verify it for you. These Particulars do not constitute a contract or part of a contract. All measurements are approximate. The Fixtures, Fittings, Services & Appliances have not been tested and therefore no guarantee can be given that they are in working order. Photographs are provided for general information, and it cannot be inferred that any item shown is included.
Important Notice
1. These particulars have been prepared in all good faith to give a fair overall view of the property. If any points are particularly relevant to your interest in the property please ask for further information. 2. Nothing in these particulars shall be deemed to be a statement that the property is in a good structural condition or otherwise, nor that any services, appliances, equipment or facilities are in good working order. Purchasers should satisfy themselves on such matters prior to purchase. 3. The photograph/s depict only certain parts of the property. It should not be assumed that any contents, furnishings/furniture etc. photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph/s. No assumptions should be made with regard to parts of the property that have not been photographed. Please ask for further information if required. 4. Any areas, measurements or distances referred to are given as a GUIDE ONLY and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries or those which can be performed by their appointed advisers.
Summary
- Auction end
- 14th Jun at 11:00
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
Summary
- Auction end
- 14th Jun at 11:00
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
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.
