Land for sale

FOR SALE BY PUBLIC AUCTION ON 18TH OCTOBER 2023. A useful and attractive block of permanent pastureland on the outskirts of Willoughby Waterleys with road frontage and a stable block. Suitable for agricultural or equestrian use and with the potential for alternative uses (subject to planning).

Distances
• Lutterworth 7 miles
• Leicester – 9 miles
• Market Harborough – 9 miles
• Rugby – 14 miles
• M1 Junction 20 – 8 miles

Situation
The land is located in a quiet position on the outskirts of Willoughby Waterleys village. The property is 4.5 miles from Junction 20 of the M1 and is situated 9 miles south of Leicester. Rugby and Market Harborough are close by and the land benefits from access to the A5, M69, A14 and M6.

Description
The land off Ashby Lane is situated on the edge of Willoughby Waterleys Village to the Northern border of Harborough District Council with good road frontage and access via a farm gate.

The land extends to approximately 6.69 acres of slightly undulating grazing land and is bordered by a mix of mature hedgerows, post and rail fencing and post and wire fencing. The land is bordered to the south, east and west by open countryside and is classified as Grade 3 on the Agricultural Land Classification.

There is a two-door, timber clad stable block above concrete base (approximately 6.85m x 4.96m).

The land can be accessed via a wooden farm gate which is accessed from Ashby Lane.

The opinion of the agent is that the land is suitable for equestrian and agricultural use or alternative uses subject to obtaining the necessary planning consents and in conjunction with the infrastructure links close by.

The land is shown edged red on the plan.

Tenure & Possession
The land is sold freehold with vacant possession given on completion.

Development Uplift
The property will be sold subject to a development uplift clause which will reserve 30% of any increase in value due to any non-agricultural or non-equestrian development that takes place within a period of 30 years from the date of sale.

This clause will be triggered either upon the implementation of a planning consent or the sale of the property following planning consent. For the avoidance of doubt any agricultural buildings or stables or equestrian facilities constructed would not trigger the clawback clause.

Rights
We are not aware of any rights of way, wayleaves or easements that affect or benefit the property.

Services
Mains water is available.

Plan, Area & Description
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.

Auction Terms
The property is for sale by online auction. All details, terms, conditions, and contract pack are available on our website.

Online Auction Access
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. The purchaser of this property is subject to an admin fee and buyer’s premium of £3,600 (including VAT) and a holding deposit of £1,400 as stated on the auction listing. The buyer will also be required to reimburse the search fees of a maximum of £380.

Anti Money Laundering Regulations
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.

Viewing
Viewing of the property can be at any time during daylight hours with a copy of these particulars to hand. Access is available via a pedestrian gate located off Ashby Lane. For more information, please contact the Rugby Office on 01788 564680.

Vendors Solicitor
Michael Hill Partnership Solicitors, 119 London Road, Leicester, LE2 0QT
Telephone: 0116 254 1609
Email: kd@michaelhill.co.uk

Local Authority
Harborough District Council - Tel. 01858 828282

What3Words
///buns.exonerate.bins