Lot 2 Burnaston Lane, Etwall DE65 6LX

A fantastic opportunity to purchase a total of approximately 11.30 acres (4.576 hectares) of grassland in Two Lots located on the outskirts of the attractive village of Etwall. This is being sold in two lots.
Lot 1 - Auction Guide Price - £90,000- £100,000
Lot 2 - Auction Guide Price - £50,000 - £60,000

Description:
Two plots of land in a sought after part of Derbyshire offer an opportunity to purchase a block of traditional grassland ideally suited for a mixture of both mowing or grazing for both agricultural or equestrian buyers alike. Both lots benefit from joint direct roadside access off Burnaston Lane into Lot 2, with a gateway then leading directly into Lot 1.

Lot 2:
A single field parcel currently used for the grazing of horses, extending in total to 3.27 acres (1.323 Ha). This parcel is also level in nature with stock proof boundaries and laid to permanent pasture.

Location:
The land is situated just outside the village of Etwall on Burnaston Lane, close to Junction 5 of the A50. Furthermore, the land is approximately 8 miles southwest of the centre of Derby and 3 miles to the northeast of the village of Hilton.

Directions:
Traveling either east or west on the A50, exit at junction 5, heading north on the A516 following signs for Derby. At the Etwall Bypass island by the Seven Wells Pub and Grill, take the third exit back into the village of Etwall for approximately half a mile and take the first turning on the left coming into Etwall village sign posted Burnaston Lane. Drive along Burnaston Lane heading out of Etwall village for approximately half a mile and the land is on the left hand side of the lane indicated by our For Sale Board.
What.Three.Words - Placed.migrate.homelands

Services:
We are informed that there is a water connection to lot 2 but there are no other services connected to the property. purchasers will need to make their own enquires.

Viewing:
The land may be viewed at any reasonable time when in possession of a copy of these particulars. Please Park carefully.

Tenure and Possession:
The land is sold freehold with vacant possession upon completion.

Sporting and Timber Rights:
The Mineral, Sporting and Timber rights are included with this property.

Rights of Way, Wayleaves and Easements:
There are no public rights of way over the land.

Overage Clause:
The Land will be subject to an overage clause for a period of 35 years at 35% uplift over the agricultural value triggered on the implementation of or the disposal of the property with planning permission for any non-agricultural development.

Method of Sale:
The land is offered for sale by public auction at 3pm on Wednesday 23rd October 2024 at the Paddock Pavilion, Uttoxeter Racecourse, ST14 8BD

Local Authority:
Derbyshire District Council, Civic Way, Swadlincote, Derbyshire, DE11 0AH 01283 595795.

Conditions of Sale:
The Conditions of Sale will be deposited at the office of the Auctioneers seven days prior to the sale and will not be read at the sale. The Auctioneers and Solicitors will be in the sale room fifteen minutes prior to the commencement of the auction to deal with any matter arising from either the conditions of Sale, the Sales Particulars or relating to the auction generally. At the appointed time the sale will commence and thereafter no further queries will be dealt with and the purchaser will be deemed to have full knowledge of the Conditions of Sale and to have satisfied himself fully upon all matters contained or referred to therein, whether or not the purchaser has read them. “The Guide Price is issued as an indication of the auctioneer’s opinion of the likely selling price of the property. Each property offered is subject to a Reserve Price which is agreed between the seller and the auctioneer just prior to the auction and which would ordinarily be within 10% (+/-) of the Guide Price. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Deposits and Completion:
The successful purchaser will be required to pay a deposit of 10% of the sale price upon the fall of the hammer. Please note that proof of identification must also be provided to comply with the Money Laundering Regulations 2017. The signing of the Contract of Sale and 10% deposit is legally binding on both parties and completion will occur within 28 days thereafter, unless stated otherwise at the auction. The sale of each lot is subject to a buyer's fee of £500 + VAT (£600 inc. VAT) payable on the fall of the hammer. Please contact the auctioneers for further details.