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Land
Key information
Property description & features
- 5.48 acres (2.22 ha)
- Useful pasture enclosure with former copse
- Adj to Staffordshire's longest ford
- Convenient location
- Suitable for agricultural/equestrian/amenity buyers
- Public Auction, 19th July 2023
Auction Guide £55,000 to £65,000 (Please see section titled Guide Price/Reserve)
Description - The land off Bennetts Lane extends in total to approximately 5.48 acres (2.22 hectares) and comprises an enclosure with a triangular area of former copse to the south of the stream at the southern end. The enclosure is level pasture and is bound in the majority by maturing hedgerows and stock proof fencing. The land benefits from a private supply of water via the quaint stream which adjoins the property along its western boundary. The land access directly onto Bennetts Lane which leads to Great Moor via Staffordshire's longest Ford to the north and the A454 Bridgnorth Road to the south. It is in close proximity to Perton and Pattingham and easily accessible to Wolverhampton and the wider West Midlands conurbations making it suitable for agricultural, equestrian and amenity buyers alike.
Directions - From Wolverhampton take the A454 south towards Bridgnorth. After approximately 5.5 miles and passing through the village of Trescott, take the right hand turn onto Bennetts Lane, a single track road. Following Bennetts Lane for about a mile until you reach the ford. The land can be found on the right hand side.
Rights Of Way, Easements And Wayleaves - The property will be sold subject to any wayleaves, public or private rights of way easements and covenants and all outgoings whether mentioned in the sales particulars or not.
Boundaries, Roads And Fences - The purchasers shall be deemed to have full knowledge of the boundaries and roads and neither the vendor nor the agent will be responsible for defining ownership.
Town And Country Planning - The property will be sold subject to any development plan, tree preservation order, town planning schedule, resolution or notice which may be or become to be in force subject to any road widening improvements scheme, land charges and statutory provision or by-laws without any obligation on the vendors to specify them
Local Authority - South Staffordshire County Council, Wolverhampton Rd, Codsall, Wolverhampton WV8 1PX. [use Contact Agent Button]
Tenure - Freehold and vacant possession will be given on completion.
Viewing - Any reasonable time with a set of the sales particulars.
Method Of Sale - The land is offered for sale by public auction at 3pm on Wednesday 19th July 2023, at Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury, SY4 3DR.
Overage Clause - The land is to be sold subject to a development clause in favour of the vendor, whereby the purchaser or his successors(s) in title will be required to pay 25% of any increase in value of the land as a result of planning permission granted in the next 25 years for any open market non-agricultural or non-equestrian development.
Guide Price/Reserve - Guides are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure guide.
Money Laundering Regulations - PLEASE NOTE that any person buying or bidding at auction MUST produce TWO forms of identification documentation. One to confirm their name and residential address, i.e, utility bill or bank statement and one photo ID, i.e, passport or driving licence. We will be unable to accept your bid unless you have registered with us and produced suitable ID.
Legal Pack - A legal pack will be prepared by the Solicitor in advance of the auction. A copy can be requested from the Selling Agent (see Conditions of Sale below).
Conditions Of Sale - Please note that the property is sold in accordance with the Common Auction Conditions (4th Edition, March 2018) (a copy of which is included with the Legal Pack). Special Conditions of Sale relating to each lot are available upon request from the Auctioneers or the Vendors Solicitor prior to the auction. The contract and special conditions of sale will not be read out by the auctioneers at the auction, but will be available for
inspection at the auctioneer's offices or the vendors solicitors for a period before the auction date. Purchasers will be deemed to have inspected these Special Conditions of Sale and will be legally bound by these conditions which will form part of and will be attached to the Sale Memorandum.
Buyer's Premium Fee - In addition to the contract deposit required, buyers should note when bidding, that on the fall of the hammer, they will be responsible for paying a Buyers premium. This is additional to the purchase price and is set at 2% plus VAT, ie 2.4% of the "hammer price", subject to a minimum fee of £1,950 plus VAT.
Solicitor - Mr Alex Thompson, Underhill Langley Wright, 7 Waterloo Road, Wolverhampton, WV1 4DW
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Enquiries - Ben Dutton BSc (Hons) MRICS FAAV
Halls Holdings Ltd, Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury, SY4 3DR
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