Land at Whitnash Brook, Radford Semele, Leamington Spa
Stables & Land at Whitnash Brook, Leamington Spa, CV31 1UT
- 0
Key features
Guide Price: *
£76,000
Fees apply
Buyer's fee:£3,780
Admin fee:£576
Legal fee:£1,161.60
All fees include VAT at 20%
Holding Deposit: *£1,220
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Opening bid:
£76,000Bid history
0 bidsAn attractive equestrian facility with stables and pastureland on the edge of Whitnash, extending to 2.99 acres (1.21 ha)
The property sits adjacent to Whitnash Brook on the eastern side of Whitnash. A tributary stream of the River Leam sits within the title and forms the western boundary of the property. Situated between Whitnash and Radford Semele, several bridle paths run are near the property. The land is also in close proximity to several equestrian centres including the Warwick International School Of Riding (3 miles); Lowlands Equestrian Centre (7.8 miles); Swallowfields Equestrian Centre (10.40 miles); and Onley Equestrian Complex (11.6 miles).
A conveniently positioned block of equestrian land together with a stable block, yard and buildings to the west of Whitnash, extending in all to about 2.99 acres (1.21 hectares). The land is split into a 0.13-acre yard and three westward sloping Grade 3 grazing paddocks separated by post and rail fencing (extending to 2.87 acres). The site is bordered by a mix of post and rail fencing and mature hedgerows. The timber stable with box-profile metal sheet clad sides, fibre cement roofing and concrete base (circa 66.72 sq.m) consists of 4 loose boxes and tack room. To the north of the yard, a disused railway wagon is used as a hay store, and a disused three-bay Dutch Barn (circa 62.2sq.m) is situated between the northern-most two fields. The land can be accessed from Church Lane and Greenfield Road via a gate in both the south-eastern and south-western corners. Parking for two/three vehicles is provided to the immediate east of the stable. The land is shown edged red on the site plan.
The land is sold freehold with vacant possession given on completion from Title Number: WK321060.
A footpath (WK|254|W119b/1) passes northwards through the property, following the stream on the western boundary. The land is sold subject to and with the benefit of all other easements, wayleaves and rights of way that may exist at the time of the sale whether disclosed or not.
The property is not connected to mains water and electricity. Rainwater harvesting tanks and a solar panel electric connection serve the stable block, providing fresh water and electricity for lighting. Purchasers should make their own enquiries regarding the location of mains service supplies.
An overage clause will be included within the sales contract which will reserve 30% of any increase in value due to any non-agricultural or non-equestrian development that takes place on the land for a period of 30 years from the date of the sale, triggered upon the implementation of a planning consent or the sale of the property following planning consent.
The property is for sale by online auction. All details, terms, conditions and contract pack are available on our website.
The contract pack is available via the ‘online auction’ pages of our website.
Please visit the Howkins & Harrison website (howkinsandharrison.co.uk), click ‘Auctions' in the main heading menu then 'Online Auctions'. To bid; click 'Register' and verify your email address. Should you be successful in the purchase of this property, the following payments are due upon exchange: £5,000 (incl VAT) is taken from the registered card (on the fall of the hammer) and is apportioned as follows:
- Premium - £1,800 (inc VAT)
- Auction Platform Fee - £1,980 (inc VAT)
- £1,220 towards deposit
The remainder of the 10% deposit of the purchase price is due by 12pm the next working day.
The purchaser is subject to the following payments upon completion:
- Balance of the purchase price
- Search fees to a maximum of £927.44 (inc VAT)
- Transfer fee - £234 (inc VAT)
- Administration fee - £480 (inc VAT)
Full terms and conditions for the online auction are available on our website.
Under the money laundering directive (S12017/692) we are required under due diligence as set up under HMRC to take full identification (e.g. photo ID and recent utility bill as proof of address). When a potential purchaser submits an offer for a property, please be aware of this and have the information available.
The plan, area and description are believed to be correct in every way but no claim will be entertained by the vendor or the agents in respect of any error, omissions or misdescriptions. The plan is for identification purposes only.
Strictly by prior appointment through the agent’s Rugby office on 01788 564680, or email: [email protected].
Morgan Baines, Arnold Thomson Solicitors, Harborough Innovation Centre, Market Harborough, Leicestershire, LE16 7WB [email protected] | 01327 350266
Warwick District Council – 01926 450000
///wheels.bend.loose
Summary
- Auction end
- 20th Dec at 16:00
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
Summary
- Auction end
- 20th Dec at 16:00
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
This property is being sold by:
Rugby
01788 564 666
7-11 Albert Street, Rugby, Warwickshire, CV21 2RX
†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 Howkins & Harrison 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 Howkins & Harrison 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.
