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Guide price £10,000

Knockin Heath, Oswestry, SY10 8ED

  • Approximately 0.38 acres
  • Convenient village location
  • Gently sloping
  • Suitable for horses/ amenity use
  • For sale by Public Auction
  • Guide Price £10,000-£15,000

Lot 1 Paddock of 0.38 acres at Knockin Heath, Oswestry, Shropshire SY10 8ED. For sale by public auction on 26th July 2019 at Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury SY4 3DR at 3pmGuide price: £10,000-£15,000 *(please see section titled Guide Price/Reserve)

DESCRIPTION

A gently sloping grass paddock of approximately 0.38 acres in a convenient but peaceful village location. It is ideal for horses or amenity use. The southern boundary is a hedgerow.

DIRECTIONS

From the A5 at Wolfshead take the B4396 towards Llynclys. At the first crossroads (after ½ mile) turn left. Travel into Knockin Heath and the paddock is situated on the left at the first crossroads. There is a gateway off the side road.

SERVICES

There is currently no water or electricity connected to the paddock.

BOUNDARY

The Purchaser will be required to erect a post, net and barbed wire (1 strand) fence along the northern side of the southern boundary hedge and to own and maintain the fence afterwards.

PLANNING

The paddock is outside but adjoining the current development boundary of Knockin Heath. (The line is the western boundary).

OVERAGE

The sale is subject to an overage clause whereby if planning consent is granted for any use other than grazing/equestrian use in the next 30 years, 35% of the enhancement in value due to planning approval will be payable to the Vendors and Successors in Title on activation of the consent or sale of the site with planning consent, whichever is the earlier.

TENURE

The freehold interest is for sale. Land Registry Title No: SL189720. It is currently let until 14th October 2019 with written agreement that the occupier will provide vacant possession afterwards.

VIEWING

At any reasonable daylight time with a set of the sales details. The Tenant has the field ready for mowing a crop of hay in August. Please view from the gateway and do not walk over the grass.

SOLICITOR

David Lucas, Thorntons, Shrewsbury Business Park, Rowan House South, Shrewsbury SY2 6LG davidlucas@thorntonslegal.com Tel: 01743 341770

ENQUIRIES

Shaun Jones, Halls, Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury SY4 3DR. Tel: 01743 450700 orshaunj@hallsgb.com

GUIDE PRICE

* Guides are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure guide.

SPECIAL CONDITIONS OF SALE

Please note that the property is sold in accordance with the Common Auction Conditions (4th edition March 2018) (a copy of which is included within the Legal Pack). Special Conditions of Sale relating to each lot are available upon request from the Auctioneers or the Vendors Solicitor prior to the auction. The contract and special conditions of sale will not be read out by the auctioneers at the auction, but will be available for inspection at the auctioneer's offices or the vendors solicitors for a period before the auction date. Purchasers will be deemed to have inspected these Special Conditions of Sale and will be legally bound by these conditions which will form part of and will be attached to the Sale Memorandum.

BUYERS ADMINISTRATION FEE

In addition to the deposit required upon exchange of contract, buyers will be required to pay a Buyers Administration fee. This fee is £250 plus vat for each lot and can be paid by Debit card or cheque. A full VAT receipt will be issued the day following the auction or the day of exchange for pre-auction purchasers. Please bring with you the means to pay both the deposit and the Buyers administration fee

IMPORTANT Update to Money Laundering Regulations 2017

PLEASE NOTE that any person buying or bidding at auction MUST produce TWO forms of identification documentation. One to confirm their name and residential address, ie utility bill or bank statement and one photo ID, ie passport or driving licence. We will be unable to accept your bid unless you have registered with us and produced suitable ID.

Halls Holdings Ltd and any joint agents for themselves, and for the Vendor of the property whose Agents they are, give notice that: (i) These particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract (ii) No person in the employment of or any agent of or consultant to Halls Holdings has any authority to make or give any representation or warranty whatsoever in relation to this property (iii) Measurements, areas and distances are approximate, Floor plans and photographs are for guidance purposes only (photographs are taken with a wide angled / zoom lenses) and dimensions shapes and precise locations may differ (iv) It must not be assumed that the property has all the required planning or building regulation consents. Halls Holdings Ltd, Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury, Shropshire SY4 3DR. Registered in England 06597073.

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