Lot 1: Land at Elmhurst Tewnals Lane, Lichfield WS13 8HD
Under Offer
£750,000
For Sale by Public Auction at 3pm on Wednesday 10th May 2023 at the Paddock Pavilion, Uttoxeter Racecourse, ST14 8BD.
Location
The land is located directly off the A515, west of the hamlet of Elmhurst within the county of Staffordshire. It is situated in close proximity to the cathedral city of Lichfield (2 miles) and within easy reach of the towns of Burton on Trent (14 miles) and Rugeley (6 miles), additionally offering good connectivity to major arterial roads such as the A51, A50 and A38.
Directions
From Lichfield, follow the A515 north, sign posted for Ashbourne. Continue on the A515 for approximately 1 mile where the property is located on the right as indicated by our “For Sale” board.
Description
The land lies within a ring fence, extending in all to approximately 71.40 acres (28.895 hectares).
The land is easily accessible from the A515 and Park Lane.
The land is classified as Grade 3 under the MAFF Agricultural Land Classification Scheme.
Lot 1 - 67.31 acres (27.24 hectares)
A productive block of level mainly arable land, extending in all to 67.31 acres (27.24 hectares). The land is bound by mature hedge and fence boundaries with multiple gated access points, one onto the A515 and another via a track leading from Park Lane.
The land is comprised of four field parcels, three which are in an arable rotation and currently cropped with Winter Wheat and one attractive permanent pasture field.
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Tenure and Possession
The land is being sold freehold with vacant possession upon completion.
Basic Payment Scheme
The vendor reserves the right to claim BPS on all of the land for the 2023 claim year. The purchaser will agree to comply with all cross compliance until the end of 2023.
Sporting, Timber and Mineral Rights
The sale includes all timber, mineral and sporting rights which may exist on the property.
Rights of Way, Wayleaves and Easements
Lot 1 is crossed east to west by a public footpath known as Curborough and Elmhurst 5.
The property is offered subject to, and with the benefit of, any rights of way both public and private, all wayleaves, easements and other rights whether or not specifically referred to.
Services
Lot 1 benefits from mains water. If required, the purchasers of Lot 2 and Lot 3 will be granted rights to connect into the water supply on Lot 1, subject to them paying for the provision and installation of sub meter(s) and water usage. Prospective purchasers must satisfy themselves as to the availability and suitability of any other services.
Growing Crops
The vendor will reserve a right of Holdover on the land to take the 1st cut of silage from the grassland fields and harvest the growing arable crops, which will be harvested no later than 30th September 2023.
Boundaries
Lot 2 & Lot 3 are currently comprised of a single undivided grassland field parcel. The purchaser of Lot 2 is required to erect a stock proof boundary fence along the points marked A – B on the sale plan within 2 months of completion, with the purchaser of Lot 3 being under an obligation to pay half the costs of erecting the fence.
Method of Sale
The land is offered for sale by Public Auction at 3.00pm on Wednesday 10th May 2023 at the Paddock Pavilion, Uttoxeter Racecourse.
Solicitors
Ansons Solicitors, St Mary's Chambers, 5-7 Breadmarket Street, Lichfield, Staffordshire, WS13 6LQ. Attn. Simon James. 01543 263456
Local Authority
Lichfield District Council, 20 Frog Lane, Lichfield, WS13 6HP
01543 308000
Viewing
Viewings can be undertaken at any reasonable time in daylight hours while in possession of a set of these particulars. Please park responsibly along the roadside.
Money Laundering Regulations
All bidders 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. All bidders must register with the auctioneers prior to 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.
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.
Agents Notes
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.
