A gently sloping block of accommodation land extending to 9.82 acres with existing buildings on site, an independent roadside access and a stream side western boundary.
Situation:
The land is situated adjacent to the southern fringe of the residential development of Hereford city. It is also largely surrounded by land earmarked for future development, subject to application and approval.
Clearly the close proximity to the city would suggest that the land has suitable alternative uses in the future, once again subject to application and approval.
The site has excellent roadside access with good visibility and easy access to the City Centre.
Planning:
No planning enquiries have been undertaken in respect of conversion of the existing buildings or potential development of the site.
Reason for Sale:
The site is being sold by the Executors of the late Miss P. Morris, late of The White House, Green Crize.
Services:
No enquiries have been undertaken in respect of services, although we assume that a mains water supply does exist to the buildings, no records exist.
Overage:
There will be an overage in place for a period of 25 years from the date of acquisition at the rate of 25% in favour of the Beneficiaries of the Estate and their successors. The overage will be triggered by Planning Consent for any form of development and will be based upon the enhanced value created.
Basic Payment Scheme:
There are no Entitlements being sold with the land.
Mode of Sale:
The property will be offered for sale by Online Auction on Tuesday 29th August 2023 at 4pm (unless previously sold). The Vendors reserve the right to accept an offer prior to Auction. The Purchasers will be required to pay a 10% deposit to the Vendor’s Solicitors within one working day of the Auction, with the balance of the monies within 28 days.
Sporting, Timber & Mineral Rights:
Any shooting, fishing, timber and mineral rights are included in the sale.
Money Laundering:
As a result of anti-laundering legislation all persons intending to bid must complete the Bidders Registration Form and provide Proof of Identification (ID) prior to the Auction. Prospective Purchasers may bring their completed registration form and Proof of ID (Photo ID for example passport or driving licence and Residential ID for example current utility bill) to our offices at least 24 hours prior or register on the day at least 30 minutes before commencement of the sale.
Vendor's Solicitors:
Lambe Corner Solicitors
36-37 Bridge Street
Hereford
HR4 9DJ
For the attention of Mr Alex Cunliffe
Tel: 01432 355301
Email: ac@lambecorner.co.uk
Tenure:
Vacant possession will be granted on 1st October 2023.
Boundaries:
The purchaser shall be deemed to have full knowledge of all boundaries and neither the vendor nor the vendor’s agents will be responsible for defining the boundaries or ownership thereof.
Auction Guide/Reserve Price:
Please note an Auction Guide Price is an indication by the Agent of the likely sale price and is not the same as a Reserve Price. The Reserve Price is the lowest price at which the Vendor will consider a sale and is within or below the Guide Price(s). Both figures may be subject to change.
Local Authority & Public Utilities:
Herefordshire Council, Plough Lane, Hereford, HR4 0LE.
Welsh Water Dwr Cymru, Pentwyn Road, Nelson, Treharris, Mid Glamorgan, CF46 6LY
Western Power Distribution, Toll End Road, Tipton, DY4 0HH
Agent's Note:
Any plans used in the preparation of these details may have been reduced in scale and any interested parties should check the Title Plan before proceeding to purchase.
We understand that the utility searches are being undertaken by the Vendor’s solicitor and will be available via the Contract package, however potential Purchasers may wish to make their own enquiries.
Contract:
A copy of the Contract and any Special Conditions of Sale will be available for inspection at both the Auctioneers’ and the Solicitors’ Offices some 10 days prior to the date of Auction.
The Contract is not available to take away or be photocopied. However, The Vendor’s Solicitors will distribute a Contract pack upon request, but they reserve the right to charge a nominal amount for doing so. Please make any further enquiries directly to the Vendor’s Solicitors.
Purchasers will deem to have bid on the basis of the Contract and such conditions, whether or not they have inspected them.
Viewing:
Viewing may take place on foot at any reasonable time during daylight hours with a copy of these sales details to hand. However, the prospective Purchasers are asked to respect the property and take care when parking. Please ensure that the gate is closed at all times.
Health & Safety Notice:
Prospective Purchasers should take all necessary care when making an inspection including wearing suitable clothing. Viewings are taken solely at the risk of those who view and neither the Agents nor the owners of the property take responsibility for any injury however caused.
Directions:
If leaving Hereford on the A49 Hereford to Ross Road, turn left at the traffic lights by the Broadleys Public House into Holme Lacy Road. Continue to the first roundabout, taking the third exit (signposted Little Dewchurch). Continue under the railway line, where the land will be located on the right hand side as denoted by the Agent’s For Sale board.
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* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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.
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