Land At Swannington - Lot 6

Situation
The land is situated on the edge of the village of Swannington and is well placed for accessing major road networks such as the M1, the A42 and the M42. A railway station is easily accessible at Loughborough train station. Derby, Leicester and Loughborough are all within striking distance.
Description
The property provides an opportunity to purchase approximately1.54 acres of a ring-fenced grassland paddock with a stream running through. The property benefits from roadside access off Main Street.
The land has been the subject of two ten year Changing Landscape schemes, commencing 3 September 2009 and 6 July 2010. Please refer to documents within the legal pack for details of any ongoing obligations.
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 subject to rights contained within a conveyance dated 15 October 1968 between The Chaplains and Poor of The Hospital of William Wyggeston (1) and Reginald I A Smith (2). The property is sold subject to any rights, wayleaves or easements that may exist over the property.
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.
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The property will, unless previously withdrawn, be sold subject to common auction conditions and special conditions of each sale may be found in the legal documents section of the Fisher German online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.
Fees
The purchase of this property is subject to an admin fee as stated on the auction listing. The buyer may also be required to reimburse fees of £379.20 to cover transfer of any obligations under the National Forest Scheme.
Planning
For any enquiries regarding planning, please consult the local planning authority directly – North West Leicestershire District Council. Tel: 01530 454545. The vendor has not sought planning permission for any form of development.

This property is available for sale by online auction, ending at 12 noon on Tuesday 22nd March 2022. Please visit: fishergerman.co.uk/current-auctions for further information. Interested buyers will need to register in advance and complete an ID verification before being able to place a bid. You should allow sufficient time to complete this process before the time period expires. This document is not a legal document and shall not form part of the auction legal pack or any contract or offer. Buyers should not rely on the information in this document 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.
All properties available for sale by Fisher German’s online auction are traditional (or unconditional) online auctions; 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. The winning buyer will be charged a holding deposit of £2,600 online, with the amount being held in a secure client account, pursuant to the terms of a holding deposit agreement. In addition the buyer shall pay an auction admin fee for this lot which will be £2,400, inclusive of vat, plus a buyer's premium of £1200 inclusive of vat. These fees shall be charged to the winning buyer online, immediately at the end of the auction using the payment details provided in advance of bidding. Any remaining amounts of the auction administration fee shall be payable by the buyer in the usual manner.
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 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.