No longer on the market
This property is no longer on the market
MapLand
Land
6.40 acre(s)
Key information
Tenure: Ask agent
Ground rent: £0 per annum | review period: unconfirmed
Service charge: £0 per annum
Council tax: Band TBC
Broadband: Ultra-fast 1000Mbps *
Features and description
- 6.4 acres of Agricultural Land
Morris Marshall & Poole have been favoured with the instructions to offer for sale by Informal Tender an attractive block of roadside pastureland that sits in an elevated position overlooking the picturesque market town of Montgomery. The land extends in total to approximately 6.40 acres (2.59 hectares) that offers prospective purchasers the potential for an extensive range of alternative uses.
THE LAND
Located on the outskirts of Montgomery and extending to 6.40 acres of Grade 4 grassland. The property resides in an elevated position providing scenic views above Montgomery and the surrounding countryside.
The sale presents purchasers with versatility providing the potential for further uses including equestrian enterprises, tourism, natural capital, or woodland creation.
ACCESS
Access is via a Powys County Council Adopted Highway known as Kerry Road.
SERVICES
The land benefits from a mains water supply.
BASIC PAYMENT SCHEME
The land is registered with Rural Payments Wales; however, no entitlements will be included within the sale of the property.
TENURE Freehold with vacant possession on completion. The land is held under Title Number CYM222284.
GRAZING LICENCE The land is currently let on Grazing Licence which is due to expire on 30th March 2023. Following the 30th March 2023 the land will be let under a Grazing Licence on a month by month basis until a date for exchange and completion is set.
SPORTING RIGHTS, MINES & MINERALS It is understood that the rights are in hand and will be included within the sale.
RIGHTS OF WAY, WAYLEAVES & EASEMENTS The property is sold subject to and with the benefit of any existing rights of way, drainage, water and other rights, easements, and wayleaves whether by written agreement or otherwise.
BOUNDARIES The purchaser(s) shall be deemed to have full knowledge of the boundaries and neither the Vendor nor the Vendors agents will be responsible for defining the boundaries of ownership thereof.
OVERAGE PROVISION An overage provision is to be placed on the property for a period of 25 years and for 50% of the increase in value over the sale value. In so much, that should any development other than agricultural or equestrian that requires planning permission occur on the land the overage provision would be triggered.
GUIDE PRICE Offers Over £90,000
METHOD OF SALE The property is for sale by Informal Tender.
Tenders are to be submitted by email [use Contact Agent Button] on the prepared documentation no later than 12noon on Friday 5th May 2023. The email subject should read ‘Tender – Land at Kerry Road’. The Vendor reserves the right not to accept the highest, or indeed any offer received by the closing date.
VIEWING At any reasonable time accompanied by a copy of these particulars. Inspection of the land is to be carried out on foot and not by motor vehicle.
DIRECTIONS Postcode: SY15 6HW What3words: ///barefoot.streetcar.absorbing
FURTHER INFORMATION Tom Davies BSc (Hons) MRICS FAAV Morris Marshall & Poole Rural,[use Contact Agent Button] [use Contact Agent Button]
MONEY LAUNDERING REGULATIONS On putting forward an offer to purchase you will be required to produce adequate identification to prove your identity within the terms of the Money Laundering Regulations (MLR 2017 came into force 26th June 2017). Appropriate examples: Passport or Photographic Driving Licence and a recent Utility Bill.
AGRICULTURAL MORTGAGE CORPORATION Morris Marshall & Poole are AMC Agents throughout Mid Wales and the Shropshire Borders. AMC have lent to rural businesses since 1928 and can now offer loans on smallholdings which create an income to the owner be it letting of grazing or buildings or for a small agricultural or equestrian business. Their loans are competitive and un-callable and may offer tax advantages over a residential mortgage. AMC are also able to lend against the value of land and buildings. For a free initial discussion please contact our Welshpool Rural Office.
THE LAND
Located on the outskirts of Montgomery and extending to 6.40 acres of Grade 4 grassland. The property resides in an elevated position providing scenic views above Montgomery and the surrounding countryside.
The sale presents purchasers with versatility providing the potential for further uses including equestrian enterprises, tourism, natural capital, or woodland creation.
ACCESS
Access is via a Powys County Council Adopted Highway known as Kerry Road.
SERVICES
The land benefits from a mains water supply.
BASIC PAYMENT SCHEME
The land is registered with Rural Payments Wales; however, no entitlements will be included within the sale of the property.
TENURE Freehold with vacant possession on completion. The land is held under Title Number CYM222284.
GRAZING LICENCE The land is currently let on Grazing Licence which is due to expire on 30th March 2023. Following the 30th March 2023 the land will be let under a Grazing Licence on a month by month basis until a date for exchange and completion is set.
SPORTING RIGHTS, MINES & MINERALS It is understood that the rights are in hand and will be included within the sale.
RIGHTS OF WAY, WAYLEAVES & EASEMENTS The property is sold subject to and with the benefit of any existing rights of way, drainage, water and other rights, easements, and wayleaves whether by written agreement or otherwise.
BOUNDARIES The purchaser(s) shall be deemed to have full knowledge of the boundaries and neither the Vendor nor the Vendors agents will be responsible for defining the boundaries of ownership thereof.
OVERAGE PROVISION An overage provision is to be placed on the property for a period of 25 years and for 50% of the increase in value over the sale value. In so much, that should any development other than agricultural or equestrian that requires planning permission occur on the land the overage provision would be triggered.
GUIDE PRICE Offers Over £90,000
METHOD OF SALE The property is for sale by Informal Tender.
Tenders are to be submitted by email [use Contact Agent Button] on the prepared documentation no later than 12noon on Friday 5th May 2023. The email subject should read ‘Tender – Land at Kerry Road’. The Vendor reserves the right not to accept the highest, or indeed any offer received by the closing date.
VIEWING At any reasonable time accompanied by a copy of these particulars. Inspection of the land is to be carried out on foot and not by motor vehicle.
DIRECTIONS Postcode: SY15 6HW What3words: ///barefoot.streetcar.absorbing
FURTHER INFORMATION Tom Davies BSc (Hons) MRICS FAAV Morris Marshall & Poole Rural,[use Contact Agent Button] [use Contact Agent Button]
MONEY LAUNDERING REGULATIONS On putting forward an offer to purchase you will be required to produce adequate identification to prove your identity within the terms of the Money Laundering Regulations (MLR 2017 came into force 26th June 2017). Appropriate examples: Passport or Photographic Driving Licence and a recent Utility Bill.
AGRICULTURAL MORTGAGE CORPORATION Morris Marshall & Poole are AMC Agents throughout Mid Wales and the Shropshire Borders. AMC have lent to rural businesses since 1928 and can now offer loans on smallholdings which create an income to the owner be it letting of grazing or buildings or for a small agricultural or equestrian business. Their loans are competitive and un-callable and may offer tax advantages over a residential mortgage. AMC are also able to lend against the value of land and buildings. For a free initial discussion please contact our Welshpool Rural Office.
Property information from this agent
About this agent
Welcome to Morris Marshall & Poole - Estate Agents and Chartered Property Surveyors Established in 1862, now with 8 offices from the Welsh Coast through the heart of Mid Wales to the Borders and central Shropshire. We have built up an enviable reputation for integrity and professionalism in the field of Residential, Commercial and Agricultural services. Residential Property Sales Our aim is to get the best price for your home, quickly and with as little inconvenience as possible and to achieve this we combine attentive personal service with the latest marketing technology. Our valuers have extensive local knowledge gained through many years of experience and will offer you the best possible assistance with setting an asking price and maximising the sales potential of your property. All pre-sale advice is provided free of charge and without any obligation. Residential Property Lettings Letting a property can be a challenging process with changing legal issues that landlords need to be aware of. our dedicated team of lettings managers and staff offer a first-class service to both individual buy to let landlords and professional landlords with multiple properties. Property Valuation Survey and Building Services Our team of Chartered Surveyors are able to conduct not only Valuations but also RICS HomeBuyer Reports and Full Building Surveys. We also provide planning services including the preparation of full building plans for your building project and advice for property developers undertaking larger projects. Agricultural Services A dedicated team of Surveyors and Auctioneers on hand to offer advice on the sale and valuation of farms and agricultural land, livestock and machinery together with professional advice on the ever increasing number of agricultural schemes. Commercial Property Expert advice is available on the sale of all types of commercial property and businesses including freeholds, leaseholds and going concerns.