Lugwardine, Hereford

Land - agricultural
Ref: 
4672

£9,000Guide price

Contact

DavidThompson

01432 278888
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*** SOLD PRIOR TO AUCTION *** About 129.29 acres (52.26 ha) or thereabouts of arable land as a whole or in three lots at Cotts Farm, Lugwardine, Hereford, HR1 3ND. For sale by public auction (unless previously sold) on Tuesday 6 June 2017 at 6.00 pm at Hereford Livestock Market, Roman Road, Hereford,HR4 7AN. Guide price: £9,000 - £11,000 per acre.

Description

A rare opportunity to acquire prime grade 1/2 agricultural land as a whole or in three lots with good main road and side road frontage, the land in all some seven easily workable enclosures currently planted to high yielding crops of potatoes, oilseed rape and winter wheat, and the benefit of good road access, stream or main water supply and registered for Rural Payments..

Situation

The land, all within a ring fence, lies to the east of the Cathedral City of Hereford on the main Hereford / Worcester road A4103.

Tenure

Freehold with vacant possession on completion on or about 15 September 2017 although a reservation on the potato fields may be held over for completion until harvest mid October subject to a Farm Business Tenancy expiring on 14 September 2017.

Ingoing valuation

There will be no ingoing valuation nor any claim for dilapidations and / or deterioration (if any) by either Purchaser or the Vendor.

Basic Farm Payment

All the land is registered for Basic Farm Payment. The Vendor will claim and retain the 2017 payment. The Purchaser will be required to indemnify the Vendor not to breach any conditions of the Scheme.

Entitlements

No Entitlements are included in the sale. Basic Farm Payment Entitlements are available for purchase by separate negotiation.

Stewardship Schemes

As far as we are aware the land is not entered into any Environmental Stewardship Scheme.

Minerals, Sporting and Timber Rights

As far as we are aware these are owned by the Vendor and are included in the sale.

Services

As far as we are aware all Lots have mains water and limited stream water supply.

Fixtures and Fittings

There are none. The land is offered for sale as seen.

Authorities

Herefordshire Council: 01432 260000
Rural Payments Agency: 03000 200301

Planning

The property is sold subject to any development plans, tree preservation orders, monument orders, town planning schedules or resolutions which may be or may come into force.

Boundaries

Purchasers are deemed to have full knowledge of the boundaries and neither the Vendor nor the Vendors Agents are responsible for defining the boundaries of ownership of the land.

Rights of Way, Easements etc

The property is sold subject to and with the benefit of all Rights, including Rights of light, drainage, electricity, supplies and other Rights and obligations, easements, quasi-easements, covenants, restrictions, orders and all existing wayleaves of pylons, stays, cables, drains, gas and other pipes that may exist over the same or for the benefit of the same, whether mentioned in these particulars or not. More information on the above may be available from the Vendors Solicitors.

Plans, Areas and Schedules

The land measurements are only to be used as a guide and the purchaser shall be deemed to have satisfied themselves as to the description, land measurement, extent and boundary of the property. It is for prospective purchasers to check and satisfy themselves as to the exact measurement of the land. Any error or mis-statement or incorrect measurement shall not annul the sale or entitle any party to compensation in respect thereof.

Mode of Sale

For sale by public auction on Tuesday, 6th June 2017, at 6pm at Hereford Cattle Market, Roman Road, Hereford, HR4 7AN, unless an offer is previously accepted. The purchaser will be required to pay a deposit of 10% of the sold price immediately following the auction and sign the Contract of Sale, with the balance of the monies due on completion within 28 days following the auction date.

Vendor's Solicitor

David Nowell, Mortimers, 41 Widemarsh Street, Hereford, HR4 9BX

Phone: 01432 355572

Email:

Sale Contract

A copy of the Contract and any Special Conditions of Sale will be available for inspection at both the Auctioneers and Solicitors Offices some 7-10 days prior to the date of Auction and is also available to view on online on www.mortimers-solicitors.co.uk. Paper copies of the Contract pack are available on request from the Solicitors. Please make any further enquiries directly to the Vendors solicitors. Purchasers will deem to have bid on the basis of the contract and such conditions or special conditions of sale, whether or not they have inspected them.

Money Laundering

As a result of anti-money laundering legislation all persons intending to bid for the property should at the Auction bring with them the following documentation:
1. Photo ID for example Passport or Driving Licence
2. Residential ID for example current utility bill

Guide Price

An indication of the sellers current minimum acceptable price. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. The reserve is not fixed at this stage and can be adjusted by the seller at any time. This guide price can be shown in the form of a minimum and maximum price range where at time of print an acceptable price may fall. A guide price is not a reserve price.

Reserve Price

The sellers minimum acceptable price at the auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both
the guide price and the reserve price can be subject to change up to and including the day of the auction

Viewing

At any reasonable time accompanied with a copy of these particulars in hand. Please take care of growing crops.

Directions

Leaving Hereford on the Worcester Road and crossing over the River Lugg at Lugg Bridge the land lies on the south east side of the A4103 just past Upper Lodge.

None of these statements contained in these particulars are to be relied upon as statements or representations of fact. These particulars are not an offer or contract or part of one. Floor plans are provided for guidance as to the layout of the property only. Room sizes and measurements are approximate only. Please note we have not tested the equipment, appliances and services in the property and interested parties are advised to commission appropriate investigation before formulating their offer.

Sunderlands are a member of the ‘Ombudsman for Estate Agents Scheme’ and therefore adhere to their Code of Practise. A copy of the Code of Practise is available on request.

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