Overview
A useful parcel of permanent pasture located on the north side of Penn Lane which will be offered for sale by public auction (subject to prior sale, reserve and conditions), at 6.30 pm on Tuesday 13th July 2021 at The View, Hill Farm Marina, Stratford Road, Wootton Wawen, B95 6DE.
Introduction
This useful block of old pastureland has good, gated road frontage to Penn Lane, is mainly level, bounded to the northwest and southern, roadside boundary by old established hawthorn hedging, with a number of mature hedgerow trees. Other boundaries are woven sheep wire, the whole would be suitable for horse, pony or livestock grazing or other recreational uses (STPP if required).
Well located for access to the national motorway network via the M42 motorway J3, Birmingham city centre lies approximately 8 miles to the north, whilst the land has easy access to both Redditch and Solihull town centres.
General Information
Services
Prospective purchasers should make their own enquiries with the appropriate utility companies for the verification as to the availability, or otherwise, of services.
Authorities
Warwickshire County Council – www.warwickshire.gov.uk
Stratford-upon-Avon District Council - www.stratford.gov.uk
Severn Trent Water – www.stwater.co.uk
Western Power Distribution – www.westernpower.co.uk
Tenure and Possession
The land is freehold and vacant possession will be given upon completion, scheduled for 28 days after the auction, ie 10th August 2021 (or earlier by mutual agreement). On the fall of the hammer the successful purchaser will be required to sign the auction contract and pay a 10% deposit (minimum £5,000) to the vendor’s solicitors, together with an administration fee of £500 plus VAT to the auctioneers, in the room, on the night.
Tenant Right
There will be no ingoing valuation for UMV/RMV’s and no claim for dilapidations (if any) will be entertained from the purchaser(s).
Basic Payment Scheme (BPS)
It is understood that the land is not registered with the rural Payments Agency (RPA) for BPS purposes. No entitlements are available for transfer of purchase, those interested in the BPS scheme should make their own enquiries of the RPA (www.rpa.gov.uk)
Rights of Way and Easements
The land is subject to all rights of way and easements that may exist.
Boundaries and Timber
All growing timber is included in the sale. The ownership of boundaries (where known) is delineated by an inward facing ‘T’ mark.
Sporting and Mineral Rights
Sporting and Mineral Rights where owned are included in the sale of the freehold.
Plans
Plans shown are for identification purposes only.
Viewing
The land may be inspected by prospective purchasers strictly by prior appointment only, with the auctioneers Tel. No. 01564 794343 during daylight hours only at their own risk. It is specifically requested that potential purchasers, when viewing, have regard that the land may have livestock grazing upon it. All gates must be left as found, no litter left and no dogs whatsoever are allowed on the land.
Vendor's Solicitors
A full auction pack is available from the vendor’s Solicitors:
Lodders,
Glensanda House
1 Montpellier Parade
Cheltenham
GL50 1UA
Tel No 01242 229094
Acting Ms Caroline Nemecek
Email - caroline.nemecek@lodders.co.uk
Directions
From Birmingham the north and M42/J3, take the A435 dual carriageway south, after approximately ½ mile at Portway, bear left into Penn Lane. The land will be found after approximately 400 yards on the left hand side, as indicated by the Earle's auction sale board.
From Redditch, Stratford-upon-Avon and the south take the A435 dual carriageway north to Bransons Cross. Take the slip road left into Bearley Lane by the petrol filling station, at the roundabout take the first left into Broad Lane, pass under the A435 and after approximately ¼ mile, turn left into Rushbrook Lane. At the end of this lane turn left into Penn Lane and the land will be found on the right hand side after approximately 200 yards, indicated as above.
Approximate Post Code - B94 5HL
Conditions of Sale
The property will, unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the Vendor’s Solicitor. These conditions may be inspected during the usual office hours at the offices of the vendor’s Solicitor mentioned in these sales particulars during the five days, exclusive of Saturday and Sunday, immediately before and exclusive of the day of the sale. The conditions may also be inspected in the Sale Room at the time of the sale but they will not then be read. The purchaser shall be deemed to bid on those terms whether he shall have inspected the Conditions or not.
Money Laundering
Money laundering regulations have been introduced by the government, affecting auctioneers, under the Proceeds of Crime Act 2002/Money Laundering Regulations 2007. To comply with this Act, we require all purchasers to pay the deposit by any of the following methods: Bank/Building Society Draft, Personal/Company Cheque. All purchasers will be required to provide proof of both their identity and current address and all parties intending to purchase any property must bring with them the following items: Full U.K. Passport or Photo Driving Licence (for identification), a recent Utility Bill, Council Tax Bill or Bank Statement (as proof of residential address). These should be presented to the vendor’s Solicitor when signing the contract.
Agent's Note
The guide price offers an indication of the price below which the vendor is not willing to sell. It is not necessarily the exact final sale price, and is subject to change prior to and up until the day of the auction. Any change in the guide price will reflect a change in the reserve (a figure below which the auctioneer will not be able to sell). The reserve can be expected to be set within the guide range or not more than 10% above a single figure guide. (RICS Common Auction Conditions 7th Edition).
