Land at Finchingfield
Wethersfield Road, Braintree, CM7 4NS
- 2
Key features
Guide Price: *
£130,000
Fees apply
Buyer's fee:£3,960
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
Opening bid:
£125,000Bid history
0 bidsAn attractive arable field to the south of Wethersfield Road (B1053) close to the edge of the popular village of Finchingfield with access directly off the public highway. Currently let and in an arable crop rotation. Approximately 3.18 hectares (7.85 acres).
Important Notice
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 Weldon Beesly’s online auction page-
https://weldonbeesly.com/online-auctions/
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The property will, unless previously withdrawn, be sold subject to common auction conditions and special conditions of each sale may be found in the legal documents section of the Weldon Beesly online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 winning buyer must pay £5,000 automatically at the end of the auction of which: £3,960 (including VAT) is a buyer fee and £1,040 is a deposit contribution.
Planning
The land is classified as rural land beyond the Green Belt. The site was previously promoted by Gladman Developments Ltd as part of a larger scheme for 80 residential dwellings. This application was refused (Reference: 17/00017/REF). Further details can be found on Braintree District Council’s planning portal.
Tenure and possession
The land is let to a local farmer under the terms of a Farm Business Tenancy (FBT) which terminates on 31 August 2026.
Easements, Covenants and Rights of Way
The property is sold subject to all existing wayleaves, easements, public or private rights of way, covenants and restrictions, whether stated in these particulars or not.
Overage
The property is offered for sale without overage.
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Summary
- Auction end
- 18th Jun at 11:00
- Property type
- Land
- Tenure
- Ask Agent
- Council tax band
- Ask Agent
Summary
- Auction end
- 18th Jun at 11:00
- Property type
- Land
- Tenure
- Ask Agent
- Council tax band
- Ask Agent
This property is being sold by:
Weldon Beesly- Bishops Stortford
01279 798866
100 South Street Bishop’s Stortford Hertfordshire CM23 3BG
†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 Weldon Beesly LLP 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 Weldon Beesly LLP. 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.
