For Sale by Public Online Auction

End Date: 27th September 2023

A conveniently positioned block of land on the outskirts of Ryton on Dunsmore, extending to about 4.33 acres (1.75 hectares). Suitable for equestrian use and with the potential for alternative uses (subject to planning).

Situation

The property is located in a quiet position on the outskirts of Ryton on Dunsmore village, to the north of the A45. The property is situated within close proximity of Coventry, Leamington Spa and Rugby and benefits from major road networks including the A45, M69 and M6.

Description

The land at Jarrett’s Farm extends to approximately 4.33 acres of slightly undulating grazing land and is bordered by a mix of mature hedgerows, post and rail fencing and post and wire fencing. The property benefits from a parking area and is bordered to the north by open countryside, allotments and woodland to the south and a dwelling and garden land to the east.

 There is a base for stables measuring approximately 14m x 6m and a former circular equestrian sand turnout area measuring approximately 335m2.

 The land can be accessed via a wooden farm gate which is accessed from Chapel Lane off Chapel Road.

 The opinion of the agent is that the land is suitable for equestrian and agricultural use or alternative uses subject to obtaining the necessary planning consents and in conjunction with the infrastructure links close by.

 The land is shown edged red on the plan.

 Tenure & Possession

The land is sold freehold with vacant possession given on 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 or 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 would not trigger the clawback clause

 Rights

We have been informed by the current owner that there is a wayleave agreement in place for the overhead wire and associated pole running through the land.

 A footpath borders the land but we do not believe that this is located within the freehold boundary.

Services

We understand from the current owner that electricity is in place, but a meter has not yet been installed. Water services are not in currently in place but it is believed they are available in the road.

 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. The purchaser of this property is subject to a 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 a maximum of £155.30 (including VAT). An admin fee of £240 (including VAT) is payable by the purchaser.

 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 a farm gate located off Chapel Lane. For more information please contact the Rugby Office on 01788 564680.

 Vendors Solicitor

Arnold Thomson, 205 Watling Street West, Towcester, Northamptonshire, NN12 6BX

Telephone: 01327 350266  

Email: rhiannon.beswick@arnoldthomson.com

 Local Authority

Rugby Borough Council - Tel. (01788) 533759

 Contract Pack

The contract pack will be available on our website.

 What3Words

///gracing.trinkets.nips

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

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.