Land off Rectory Lane Rectory Lane, Breadsall, Derby DE21 5LL
Under Offer
£250,000
Description
A rare opportunity to acquire a level block of grassland on the edge of Breadsall village. The land is divided in to 3 evenly sized parcels, one of which is split into separate pony paddocks. The fields are very level, situated at about 50 metres above sea level, and suited to mowing or grazing. The fields are bounded by a mix of hedge and fence. Dam Brook runs through the centre of the land and Boosemoor Brook runs along the Northern boundary.
The land is a classified Grade 3 / 4 under the Agricultural Land Classification Scheme.
Location
The land is located off Rectory Lane in the village of Breadsall on the edge of the city of Derby. The land lies between Breadsall village and the A38/A61 road junction. 2.5 miles North of Derby City Centre.
Directions
From the North, heading South on the A38 take the first exit from the A38 roundabout at Little Eaton and head South on the A61. At the first roundabout take the first exit towards Breadsall. In Breadsall village take the first left on to Rectory Lane and the entrance is recessed on the left hand side after a further quarter of a mile.
From the South, heading North on the A38 take the third exit from the A38 roundabout at Little Eaton on to the A61. Follow the above directions.
Services
We are not aware of any services connected to the property.
Tenure & Possession
The freehold of the property with vacant possession is being offered for sale.
Sporting, Timber & Mineral
As far as we are aware the sale includes all timber, minerals and sporting rights on the property.
Viewing
The property can be viewed during normal daylight hours when in possession of a copy of these sale particulars.
Method Of Sale
The property is to be sold by public auction at 3pm on Wednesday 10th of May, at Uttoxeter Racecourse at 3pm.
Rights Of Way, Wayleaves & Easements
1.There are 2 public footpaths crossing the land. There is known to be a public sewer running under the land.
2. A neighbouring property owner has a right of access over the stone track leading from the public highway to the land. Details of this are available within the property's title documents.
3. The property is sold subject to and with the benefit of all rights of way, wayleaves and easements in existence at the time of the sale.
Vendor's Solicitors
Lucy Walsh, Rotheras, Cathedral Chambers, Amen Alley, Derby, DE1 3GT. Tel 01332 372211.
Local Authority
Erewash Borough Council, Town Hall, Wharncliffe Road, Ilkeston, Derby, DE7 5RP. Tel 0115 907 2244.
Money Laundering Regulations
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 & 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 otherwise stated at the auction. The sale of each lot is subject to a buyer’s fee of £500 plus VAT (£600 inc. of VAT) payable on the fall of the hammer. For on-line buyers only, there is an additional on-line buyer’s premium of £500 plus VAT (£600 inc. of VAT) payable on the fall of the hammer. Please contact the auctioneers for further details.
Special Conditions
One of the fields is included in the Development Consent Order (DCO) application for the A38 Derby Junctions road scheme. Approximately 2.2 hectares is scheduled to be acquired permanently under this scheme and a further 2.2 hectares is to be acquired temporarily.
Overage Clause
The land will be sold subject to an overage clause for a period of 30 years, at 25% of the uplift in value of the land on the implementation of or the disposal of the property with planning permission for any non-agricultural or non-equestrian development.
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.
Conditions of Sale continued
" 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.