Kelly's Paddock, A5199, Welford, Northamptonshire, NN6 6JD
Kelly's Paddock, A5199, Northamptonshire, NN6 6JD
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Key features
Guide Price: *
£110,000
Fees apply
Buyer's fee:£3,780
Admin fee:£504
Legal fee:£1,341.60
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:
£99,000Bid history
0 bidsAn attractive block of pastureland with agricultural building and road frontage. Extending to 6.04 acres (2.44ha)
The land is situated to the south-east of Welford village and can be accessed via a secure gated entrance directly off of the Northampton Road (A5199), which connects Welford with Junction 1 of the A14 and Thornby village to the south. Leicester and Northampton are equidistant to the north and south with extensive amenities and commercial centres. The land benefits from excellent road links with the A14 dual carriageway, M1 and the M6 located within proximity as well as rail services at Market Harborough, Northampton, and Rugby, which offer direct lines to London. The location is shown on the plan. Distances Welford - 1 mile Lutterworth - 7 miles Market Harborough - 7 miles Daventry - 11 miles Northampton - 13 miles
The land comprises three parcels of pastureland, a steel portal frame agricultural building (12.3m x 9.25m), yard and hardcore track running from the road, extending in all to about 6.04 acres (2.44 hectares). Planning permission for the agricultural building, hardstanding and associated access was granted in May 1995. The boundaries comprise a combination of mature hedgerows and post & wire, with post & rail fencing separating each parcel. There is a small pond situated in the northeast corner of the field.
The land is classified as Grade 3 on the Agricultural Land Classification maps, beings lowly permeable seasonally wet slightly acid but base-rich loamy and clayey soil with moderate fertility. With the closest public bridleway 60m from the gateway, the land would be well suited to equestrian use subject to obtaining the necessary planning consents.
The land is sold freehold with vacant possession given on completion from Title Number: NN123034.
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.
Where Sporting and Mineral Rights are owned, they will be included in the sale.
The property benefits from a mains water connection which feeds several water troughs at the property. Mains electricity and drainage is not currently connected. 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 sale, triggered upon the implementation of a planning consent or the sale of the property following planning consent.
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.
The property is for sale by online auction. All details, terms, conditions and contract pack are available on 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:
- Auctioneers Buyers 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 - £1,163 (inc VAT)
- Transfer fee - £234 (inc VAT)
- Administration fee - £504 (inc VAT).
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.
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
Telephone: 01327 3502666
Email: [email protected]
West Northamptonshire Council – 0300 126 7000
The contract pack is available through our auction platform and available via the ‘online auction’ pages of our website.
//cluttered.purse.mornings
Summary
- Auction end
- 3rd Sep at 11:00
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
Summary
- Auction end
- 3rd Sep at 11:00
- 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.
