This property is no longer on the market
- Approximately 2.66 acres
- Access to the major road networks of A/M42 and M1
- Edge of village location
- For sale by online auction
- Concludes at 12 noon on Thursday 3rd February 2022
About 2.66 acres of predominantly grassland
The land is situated on the edge of the village of Swannington and is well placed for accessing major road networks such as the M1, the A42 and the M42. A railway station is easily accessible at Loughborough train station. Derby, Leicester and Loughborough are all within striking distance.
The property provides an opportunity to purchase approximately 2.66 acres of predominantly grassland in two parcels that are joined by a gateway. The land has been the subject of two ten year Changing Landscape schemes, commencing 3 September 2009 and 6 July 2010. Please refer to documents within the legal pack for details of any ongoing obligations.
The land is accessed through a gateway off Jeffcoats Lane.
The property is to be sold subject to an overage clause whereby 25% of any uplift in value upon grant of any permissions for uses other than agricultural and equestrian (but including dwellings subject to occupancy conditions) will be payable to the vendors or their successors. The clause is to run for a period of 40 years.
Sporting Rights and Mineral Rights
There are no sporting rights included and the mineral rights are excluded.
The property for sale is freehold, with vacant possession on completion.
Method of Sale
The property is to be sold by online auction to conclude at 12 noon on Thursday 3rd February 2022. Interested buyers will need to register in advance before accessing the legal pack, and complete an ID verification before being able to place a bid. Buyers should allow sufficient time to complete this process before the time period expires. Full details can be found on Fisher German’s online auction page
Conditions of Sale
The property will, unless previously withdrawn, be sold subject to common auction conditions and special conditions of each sale may be found in the legal documents section of the Fisher German online auction page. Each purchaser shall be deemed to have notice of each condition and all the terms thereof and to bid on those terms whether they shall have inspected the said conditions or not.
The purchase of this property is subject to an admin fee as stated on the auction listing. The buyer may also be required to reimburse fees of about £379.20 to cover transfer of any obligations under the National Forest Scheme.
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Property reference ADZ210264. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Fisher German - Ashby De La Zouch.
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