Land

*Auction Guide Price* £50,000 - £55,000

For Sale by Public Auction on Friday 29th November 2024, 3pm at Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury, SY4 3DR

Situation - Mantles Field is situated approximately 1.5 miles south of the historic market town of Ludlow. It has excellent vehicular access at point X on the plan on to the B4361, opposite to the former Overton Grange Hotel, now known as Overton School. It is less than 1/4 of a mile from the A49, which is the main North/South route serving the Welsh Border Counties.
Ludlow is the service and retail centre for the surrounding rural population, with a population of circa 10,000 people and a surrounding catchment area of over 40,000 people.

What3Words: ripen.waltzed.brushing

Description - The land comprises of approximately 5.4 acres of level, good quality grazing or mowing land. The main access to the land is at point X on the plan. The title boundary of the land leads to the edge of the River Teme on its eastern boundary. There are approximately 180 metres overgrown bank to the River Teme.
The River Teme is designated as a Site of Special Scientific interest (SSSI). Therefore threats to the water environment, riverside habitats and biodiversity will be closely monitored by Natural England.

Services - We understand that the land is not currently connected to any services.

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 these sales particulars or not.

Boundaries, Fences And Roads - The Purchaser shall be deemed to have full knowledge of the boundaries and neither the Vendors nor their Agents will be responsible for defining any ownership of boundaries, hedges or fences. They will however provide whatever assistance they can to ascertain the ownership of the same.

Local Authority - Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury, Shropshire SY2 6ND.

Planning - The property will be sold subject to any development plan, tree preservation order, town planning schedule, resolution or notice which may be or come to be in force, subject to any road or widening or improvement schemes, land charges and statutory or provisional by-laws, without any obligation on the Vendors to specify them.

Viewings - Viewings can be carried out at any time during daylight hours, with a set of these particulars in hand.

Method Of Sale - The land is for sale by Public Auction at 3 pm on Friday 29th November 2024, at Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury, SY4 3DR.

*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. a 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 has been prepared by the Solicitor. 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 (7th Edition) (a copy of which is included with the Legal Pack). Special Conditions of Sale relating to each lot are available upon request from 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.

Buyers Premium - In addition to the contract deposit required, buyers should note when bidding, that on the fall of the gavel, they will be responsible for paying a Buyer’s Premium as noted on individual lots. This is additional to the purchase price and is set at 2.5% plus VAT (i.e. 3%) of the “hammer price”, subject to a minimum fee of £2,500 plus VAT (£3,000).

Sole Agents - All enquiries to Peter Willcock BSc, FRICS, FAAV and Rachel Howson, Halls Holdings Ltd, Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury, Shropshire, SY4 3DR. [use Contact Agent Button], [use Contact Agent Button] and [use Contact Agent Button]

Solicitors - Setfords Solicitors, (FAO Mr Tim Westhead),
74 North Street
Guildford
GU1 4AW
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*Important* Anti-Money Laundering Requirements - Under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 ("the ML Regulations"), we are obligated to obtain proof of identity for buyers, their agents, representatives, including bidders, and ultimate beneficial owners, ("relevant individuals") before an individual is allowed to bid on an auction lot, or an offer is accepted, PLEASE NOTE YOU WILL NOT BE ABLE TO BID UNLESS YOU SATISFY THIS OBLIGATION. For full details on what we will require on or before the day of the auction, please visit .