Plot of agricultural land and amenity ponds extends to approximately 6.63 acres
Land Off Bentley Lane, Coleshill, B46 2QS
- 32
Key features
Guide Price: *
£50,000
Fees apply
Buyer's fee:£3,960
Admin fee:£2,400
Legal fee:£2,678.40
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:
£178,000Bid history
64 bidsDThis is an automatic bid as the bidder has set a maximum bid for this lot
26/09/2024 11:03:53 - £178,000
L
26/09/2024 11:03:53 - £177,000
DThis is an automatic bid as the bidder has set a maximum bid for this lot
26/09/2024 10:59:09 - £176,000
See all 64 bids â–¾
For Sale by Online Auction (subject to reserve and conditions and unless sold prior)
Located just outside the Hamlet of Maxstoke, this plot of agricultural land and amenity ponds extends to approximately 6.63 acres, with gated road frontage.
Description
An exciting opportunity to acquire approximately 6.63 acres of agricultural land and small amenity ponds fed from a spring. The land benefits from direct access off Bentley Lane and offers to good transport links to Coleshill and the M6.
The land is suitable for mowing and grazing in part but may offer potential for alternative uses (STP).
Services
No services available.
Tenure
The property is to be sold freehold.
Local Authority
North Warwickshire Borough 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.
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.
Viewings
Strictly by appointment through Fisher German LLP.
Directions
Postcode – B46 2QS
what3words ///regaining.furnish.minerals
Finance Your Purchase
Whilst the majority of buyers at online auction will have cash funds, some may wish to take advantage of some funding. Working with our trusted Partners Cherry Street Finance, pleased click the link to find out more.
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 £6,360 including VAT as stated on the auction listing. The buyer will also be required to contribute £2,678.12 towards the sellers legal costs as outlined in the special conditions.
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.
The winning buyer must pay £7,400 automatically at the end of the auction of which:
£3,960 inc VAT is a Admin Fee
£2,400 inc VAT is a Buyers remium
£1,040 is a deposit contribution
Summary
- Auction end
- 26th Sep at 11:08
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
Summary
- Auction end
- 26th 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.