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No longer on the market

This property is no longer on the market

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Land

Auction
Sold STC
Land
Added > 14 days

Key information

TenureAsk agent
Council taxAsk agent

Features and description

A level parcel of permanent pasture extending to 12.66 acres (5.12 hectares). SOLD by Public Auction on 17th May.

Viewing - The land is currently occupied for farming purposes but may be viewed at any reasonable time.

Directions - Parcel 2 is situated at the bottom of Stow Hill to the south of the town. It is best accessed via the lay-by just off The Fosseway (A429). There is a metal gate and separate kissing gate giving access to the Public Footpath. Please close all gates upon entering and exiting the land. Traffic travels quickly on the A429. Please take care when accessing and leaving the lay-by.

What3words - What3words: /// vacancies.gearbox.reef

Important Notice - We recognise that we cannot prevent prospective purchasers from accessing the land at any time not least as a Public Footpath crosses it. Prospective purchasers are advised to wear sturdy boots, appropriate clothing and take utmost care at all times. The agents are willing to accompany prospective purchasers should they so wish at any reasonable time. If the land is viewed independently the agents nor the vendors accept any liability for accidents beyond their control and you are urged to take care.

Location - The land is situated on the southern edge of Stow-on the-Wold, a thriving market town situated in the north Cotswolds. Stow-on-the-Wold has a good range of shops and facilities including a Tesco supermarket, convenience store and petrol station. It also has a primary school and is well known for its impressive Square and characterful buildings many of which are Listed. Moreton-in-Marsh is 4 miles to the north and Bourton-on-the-Water is situated 4 miles to the south. Kingham is 5 miles. Kingham and Moreton-in -Marsh both have mainline train stations with services to London Paddington via Oxford and Reading.

Description - Parcel 2 is situated at the bottom of Stow Hill and approached off the Fosseway. It comprises a level parcel of permanent pasture extending to 12.66 acres (5.12 hectares). Situated within the field is an impressive and mature Oak tree.

Access - The land is accessed via a wide gate providing a vehicular access.

Boundaries - The boundaries mainly comprise mature hedging and to the roadside include a number of mature deciduous trees. The boundary to the east is a ditch with post and wire together with some mature hedging. There is a gateway with metal gate leading to the neighbouring land and in separate ownership.

Occupation - The land is currently occupied on a Farm Business Tenancy (FBT) which terminates on the 30th June 2023 with the provision of 'holdover' in order to allow the occupier to remove the crop of hay or silage, if required.

Basic Payment Scheme - We understand that entitlements have been claimed and are owned by the current occupier. As entitlements are not required in 2024 there is no requirement for these to be transferred.
There will be no apportionment of the Basic Payment Scheme for the 2023 claim year. The purchaser will be required to meet the cross compliance requirements until 31st December 2023.

Planning - The land is situated within the Cotswold Hills Area of Outstanding Natural Beauty.

Wayleaves And Easements - The land is sold with the benefit of all rights of way (whether public or private), light, support, drainage, water supplies and other rights and obligations, easements, quasi-easements and restrictive covenants and all wayleaves for poles, stays, cables, drains and water, gas and other pipes, whether referred to in the General Information, particulars or special conditions of the sale or otherwise and subject to all outgoings or charges connected with or chargeable whether mentioned or not.

Rights Of Way - A public footpath number HM4A crosses the land as shown on the plan. We are unaware of the existence of any other rights of way which may cross the land and prospective purchasers are advised to make their own enquiries before the sale.

Tenure And Possession - For sale freehold with vacant possession upon completion.

Minerals And Sporting Rights - We are advised that the mineral and sporting rights are to be included in the sale, but may be subject to the restrictive covenants and/or overage provisions.

Local Authority - Cotswold District Council, Cirencester, GL7 1PX.
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Conditions Of Sale & Auction Pack - The conditions of sale and legal auction pack will be available from the vendor's solicitor 14 days prior to the auction sale. They will not be read out at the Auction. It will be assumed that the purchaser has bid with full knowledge of such conditions of sale whether in fact he or she has inspected them or not.

Vendors Solicitor - Holmes & Hills
A12 Commercial Hub
London Road
Marks Tey
Essex
CO6 1ED
Jen Rayner - DD[use Contact Agent Button]
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Prospective Purchasers - Parties interested in purchasing the land are advised to register an interest with the agents prior to the auction so that they may be advised of any variations or updates.

Administration Fee - The successful purchaser will be liable for an administration charge of £1,000 plus VAT (total £1,200) payable to 'Tayler and Fletcher' and this is a condition of the contract.

Reserve - The land will be offered for sale subject to an undisclosed Reserve and the vendors retain the right for the Auctioneers to bid on their behalf up to the Reserve price. The Vendor's also reserve the right to sell or withdraw the land prior to the auction.

Anti Money Laundering - Anyone wishing to bid at the auction will be required to provide proof of identity to satisfy the Money Laundering Regulations before the auction commences. This must be a proof of address, Utility bill no older than 3 months or Council Tax bill for the current period, and photographic ID, Driving Licence or Passport.

Auction Process And Completion - On the fall of the hammer the successful purchaser will be required to sign the contract in the sale room and pay ten per cent deposit by cheque or bankers draft or by bank transfer the following morning and by prior agreement with the Vendor's solicitors, (not cash). Completion will be 28 days thereafter or earlier by mutual agreement, when the balance of the purchase monies are due.

Date Of Sale - Wednesday 17th May 2023 at 6pm precisely.

Place Of Sale - The auction sale will take place at Tayler & Fletcher's North Cotswold Saleroom, Lansdowne, Bourton-on-the-Water, Gloucestershire GL54 2AR
Please see map opposite and do not rely on Sat Nav.

Environmental Scheme - We understand that there are no Environmental Schemes on the land.

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Tayler & Fletcher - Stow-On-The-Wold
Tayler & Fletcher - Stow-On-The-Wold
Digbeth Street Stow-On-The-Wold GL54 1BN
01451 518965
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Independent Cotswolds Estate Agent and Chartered Surveyors with Residential, Commercial, Agricultural and Fine Art departments providing sales, lettings, professional and valuation advice    
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