Land for sale

Location
The land is situated north of the centre of the town of Rugeley just off Station Road via a private track.

The property is situated off Station Road which provides further access to A51, A460, A5, M6 Toll and A38 and is in a very accessible position on the edge of the town.

Directions
From the centre of Rugeley, head North East on Elmore Lane (B5013) for approximately 0.4 miles. At the roundabout take the first exit left and immediately at the next roundabout take the second exit right, on to Station Road (B5013).

Continue along Station Road (B5013) for approximately 0.1 mile where the entrance of the Trent and Mersey Canal tow path is located on the left as indicated by our ‘For Sale’ board.

Follow the track running alongside the Trent and Mersey Canal tow path for approximately 0.2 miles where the property is located at the end of the track as indicated by our ‘For Sale’ board.

Description
An excellent opportunity to acquire a single block of productive permanent pastureland extending to approximately 12.89 acres (5.217 hectares) sitting to the north east of the town of Rugeley.

The land is bounded by a mixture of post and rail fencing together with the River Trent to the north eastern boundary and Trent and Mersey Canal tow path to the south western boundary. The land is level in nature sitting approximately 65 metres above sea level. There is also a small coppice are to the most northernly point.

The land benefits from access off Station Road (B5013) via a private track running alongside the Trent and Mersey Canal tow path together with a natural water supply from the Trent River. It is understood that the fishing rights on the river are held with the land are included in the sale.

The land is classified as Grade 3, to the main, with a small proportion of the land to the south being classified as Grade 4 under the MAFF Agricultural Land Classification Scheme.

General Information

Basic Payment Scheme
The land is registered for the Basic Payment Scheme and associated entitlements are available, if required, subject to a transfer fee of £175 + VAT to be paid to Bagshaws LLP. The claim for the 2021 year has been submitted and will be retained by the current owners.

Services
The property benefits from a natural water supply from the River Trent.

Prospective purchasers must satisfy themselves as to the availability and suitability of any services.

Rights of Way, Wayleaves and Easements
The access to the property is via a private roadway/track which has been used uninterrupted since approximately 1983.

The property is sold subject to, and with the benefit of all rights of way, wayleaves and easements which may exist on the property.

Sporting, Timber and Mineral Rights
The sale includes all timber, fishing and sporting rights which may exist on the property. The mineral Rights are excepted from the sale.

Tenure and Possession
The property is to be sold freehold with vacant possession.

Overage Claues
The property will be subject to an overage clause for a period of 20 years, at 20% of the uplift in value of the land on the implementation of or the disposal of the property with the benefit planning permission for any non-agricultural or non- equestrian development.

Local Authority
Cannock Chase District Council, 28 Beecroft Rd, Cannock WS11 1BG

Tel: 01543 462 621

Solicitors
Tedstone George & Tedstone, Crown Bridge, Penkridge, Stafford ST19 5AA

Tel: 01785 712243

Viewing
The land may be viewed during normal daylight hours when in possession of a copy of these particulars.

Method of Sale
The property is to be sold by Public Auction.

Money Laundering Regulations
Due to recent changes in legislation, all buyers must provide relevant documentation in order to provide proof of their identity and place of residence before bidding. The documentation collected is for this purpose only and will not be disclosed to any other party.

Deposit and Completion
The successful bidder will be required to sign a Contract for the sale of the property immediately as the auction finishes and will also be asked to pay a deposit equivalent to 10% of the sale price either by cheque or bankers draft. The sale of each lot is subject to a buyer’s fee of £400 + VAT (£480 inc. VAT) payable on the fall of the hammer. Unless stated otherwise at the sale, completion of purchase will be anticipated 28 days after the auction date.

Agents Note;
Bagshaws LLP have made every reasonable effort to ensure these details offer an accurate and fair description of the property but give notice that all measurements, distances and areas referred to are approximate and based on information available at the time of printing. These details are for guidance only and do not constitute part of the contract for sale. Bagshaws LLP and their employees are not authorised to give any warranties or representations in relation to the sale.