Around 2.39 acres of grassland in the heart of a semi-rural village
Lot 8 Land at Swannington, Limby Hall Lane, Coalville, LE67 8QH
- 18
Key features
Guide Price: *
£29,000
Fees apply
Buyer's fee:£3,960
Admin fee:£3,600
Legal fee:£3,301.20
All fees include VAT at 20%
Holding Deposit: *£1,040
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£93,500Bid history
39 bidsKThis is an automatic bid as the bidder has set a maximum bid for this lot
25/09/2024 11:03:55 - £93,500
JThis is an automatic bid as the bidder has set a maximum bid for this lot
25/09/2024 11:03:55 - £93,000
KThis is an automatic bid as the bidder has set a maximum bid for this lot
25/09/2024 11:03:27 - £92,000
See all 39 bids â–¾
Around 2.39 acres of grassland in the heart of a semi-rural village, offering a variety of uses. The land benefits from roadside access from Limby Hall Lane and is edged by a brook to the southern boundary.
The land is to be sold by Online Auction, concluding at 12 noon on Wednesday 25th September 2024.
Overage Clause
The property is to be sold subject to an overage clause whereby 25% of any uplift in value upon grant of any permissions for uses other than agricultural and equestrian (but including dwellings subject to occupancy conditions) will be payable to the vendors or their successors. The clause is to run for a period of 40 years.
Sporting Rights and Mineral Rights
There are no sporting rights and the mineral rights are excluded.
Services
We are not aware of any services connected to the property.
Tenure
The property for sale is freehold, with vacant possession on completion.
Local Authority
North West Leicestershire District Council
Public Rights of Way, Wayleaves and Easements
The property is sold subject to all rights of way, wayleaves and easements whether or not they are defined in this brochure.
National Forest Scheme
The land formerly formed part of the National Forest Scheme, however we are advised that the attached restrictions no longer exist. Please see the legal pack for more information.
Plans and Boundaries
The plans within these particulars are based on Ordnance Survey data and provided for reference only. They are believed to be correct but accuracy is not guaranteed. The purchaser shall be deemed to have full knowledge of all boundaries and the extent of ownership. Neither the vendor nor the vendor’s agents will be responsible for defining the boundaries or the ownership thereof.
Finance Your Purchase
If you require advice on how to finance a purchase through Auction, follow the link below to our trusted partners, Cherry Street Finance or ask our team for further details.
Important notices
This property is available for sale by online auction. Interested buyers will need to register in advance and complete an ID verification before being able to place a bid. Buyers should allow sufficient time to complete this process before the time period expires. Full details can be found on Fisher German’s online auction page www.fishergerman.co.uk/current-auctions.
Legal Pack
A legal pack will be available on Fisher German’s online auction page and interested parties will need to register before accessing the legal documents. It is the responsibility of a prospective purchaser to make all necessary enquiries prior to the auction.
Conditions of sale
The property will, unless previously withdrawn, be sold subject to common auction conditions and special conditions of each sale may be found in the legal documents section of the Fisher German online auction page. Each purchaser shall be deemed to have notice of each condition and all the terms thereof and to bid on those terms whether they shall have inspected the said conditions or not.
Completion
Completion will take place 20 working days after exchange of contracts, unless otherwise varied and specified in the legal pack.
Fees
The purchase of this property is subject to a combined buyer and admin fee of £7,560 including VAT as stated on the auction listing. The buyer will also be required to reimburse the legal fees of £3,301.91 including VAT.
Deposit
The balance of the 10% deposit shall be transferred by the buyer to their solicitor for onward transmission by 12 noon the following working day to the seller’s lawyer. It is therefore essential that you instruct your solicitor ahead of the auction.
Viewings
Viewings of the land may be undertaken during daylight hours only, and with a copy of these particulars to hand. Viewers must confirm the time of their inspection to the selling agent prior to arrival.
Directions
Postcode – LE67 8QH
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The winning buyer must pay £8,600 automatically at the end of the auction of which:
£3,300 + Vat is a buyer fee
£3,000 + Vat is the admin fee
£1,040 is a deposit contribution
Summary
- Lot number
- 8
- Auction end
- 25th Sep at 11:08
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
Summary
- Lot number
- 8
- Auction end
- 25th Sep at 11:08
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
This property is being sold by:
Ashby
01530 412821
The Estates Office, Norman Court, Ashby de la Zouch, LE65 2UZ
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Fisher German Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Fisher German Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.