Lot 1 - Land at Cotwalton, Cotwalton, Stone

Price: Auction Guide Price £265,000

Overview

  • Lot 1 – 33.11 acres (13.399 ha) of Pastureland
  • Lot 2 – 16.85 acres (6.821 ha) of Pastureland
  • Hard access track
  • Natural water supply
  • For Sale in Two Lots by Public Auction
  • On Wednesday 18th September 2019 at 3pm At The Paddock Pavilion, Uttoxeter Racecourse
  • Lot 1: £265,000 - £295,000
  • Lot 2: £175,000 - £200,000

Full details

33.11 Acres (13.399 Hectares) of pastureland within the area of Cotwalton, benefiting from a hard access a track and natural water. ***SOLD PRIOR TO AUCTION***

For Sale by Public Auction

On Wednesday 18th September 2019 at 3pm

At The Paddock Pavilion, Uttoxeter Racecourse

Location:

The property is located a short distance off the A520, Stone Road, in the area of Cotwalton, Staffordshire. The land is situated approximately 2.2 miles north east of the town of Stone, approximately 12.3 miles west of the town of Uttoxeter and approximately 10.2 miles north of the town Stafford.

Directions:

From Stone, take the A520 Stone Road north out towards Leek. Continue along the A520 for approximately 1 mile and take the right turn signposted to Moddershall.

Continue along the unnamed lane for 0.4 miles and take the right turn signposted to Cotwalton. Continue for 0.7 miles the land is located on the right as identified by our ‘For Sale’ board.

Lot 1 – 33.11 acres (13.399 ha) of Pastureland:

An excellent opportunity to acquire a single parcel of pastureland extending to 33.11 acres (13.399 hectares) benefitting from hard track access. The land is slightly sloping in nature sitting approximately 170 - 190 metres above sea level.

The land is bounded by mature hedgerow boundaries and ideal for grazing and mowing.

The land is classified as grade 3 under the MAFF Agricultural Land Classification Scheme and it is understood that the property is situated in a Surface Water Nitrate Vulnerable Zone.

Lot 2 – 16.85 acres (6.821 ha) of Pastureland:

An opportunity to acquire 16.85 acres (6.821 hectares) of productive pastureland.

The land is accessed via right of way over a hard access track via Lot One as shown hatched Brown on the sale plan.

The land is bounded by mature hedgerows. The land is level in nature being suitable for mainly grazing and mowing, sitting at approximately 170 - 180 metres above sea level.

The land is classified as grade 3 under the MAFF Agricultural Land Classification Scheme. It is understood that the property is situated in a Surface Water Nitrate Vulnerable Zone.

General Information

Basic Payment Scheme:

The land is registered for the Basic Payment Scheme and associated entitlements are available, if required, subject to a transfer fee of £175 + VAT to be paid to Bagshaws LLP.

Services:

There are no mains services available at the property.

Rights Of Way, Wayleaves and Easements:

Lots One and Two are subject to a right of way, identified as a solid GREEN line, retained by the vendors for unencumbered access to the woodland north of Lot Two.

Lot One is sold subject to a right of way, identified hatched BROWN, for the benefit of the purchaser of Lot Two.

Lot Two is crossed by a mains gas pipe line and high voltage electricity line which it is understood that all correct easements are in place. The land is also crossed by a public footpath, known as Stone Rural 18.

The property is sold subject to and with the benefit of all rights of way, wayleaves and easements whether defined in these particulars or not.

Maintenance Liability

Lot Two will be subject to a maintenance liability, according to user, over the area hatched BROWN on the sale plan. Further details will be enclosed within the contract of sale.

Sporting, Timber and Mineral Rights:

It is understood that sporting rights, standing timber and minerals are in the freehold sale.

Tenure and Possession:

The property to be sold is Freehold with Vacant Possession upon completion of the purchase.

Local Authority:

Stafford Borough Council, Civic Centre, Riverside

Stafford, ST16 3AQ

Tel: 01785 619 000

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Salmons Solicitors, 20 - 22 High Street, May Bank, Newcastle under Lyme, Staffordshire, ST5 0JB

Tel: 01782 621 266 Ref: Mr N Mason

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The land may be viewed during normal daylight hours when in possession of a copy of these particulars.

Method of Sale:

The property is to be sold by public auction.

Money Laundering Regulations:

Due to changes in legislation, all buyers must provide relevant documentation in order to provide proof of their identity and place of residence before bidding. The documentation collected is for this purpose only and will not be disclosed to any other party.

Deposit and Completion:

The successful bidder will be asked to sign a Contract for the sale of the property immediately as the auction finishes and will also be asked to pay a deposit equivalent to 10% of the sale price either by Bacs, cheque or bankers draft. The sale of each lot is subject to a buyer’s fee of £200 + VAT (£240 inc. VAT) payable on the fall of the hammer. Unless stated otherwise at the sale, completion of purchase will be anticipated 28 days after the auction date.

Conditions of Sale:

The Conditions of Sale will be deposited at the offices of the both the Auctioneer and the Vendor’s Solicitors 7 days prior to the sale and will not be read at the sale. The Vendor’s Solicitors will be in the saleroom 15 minutes prior to the Auction to deal with any matter arising from either the Conditions of Sale or from the Sales Particulars relating to the property in general. At the time appointed the sale will commence and thereafter no further query will be dealt with and the Purchaser will be deemed to have knowledge of the Conditions of Sale and to have satisfied himself upon all matters contained or referred to therein. Copies of the Conditions of Sale will not be forwarded to interested parties unless by prior arrangement for which there will be a charge.

Agents Note;

Bagshaws LLP have made every reasonable effort to ensure these details offer an accurate and fair description of the property but give notice that all measurements, distances and areas referred to are approximate and based on information available at the time of printing. These details are for guidance only and do not constitute part of the contract for sale. Bagshaws LLP and their employees are not authorised to give any warranties or representations in relation to the sale.

Area plan

Lot 1 - Land at Cotwalton, Cotwalton, Stone

Area map

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For sale by auction

18th September 2019
Uttoxeter Property Auction

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