Land for sale
Melbourne, Derby, Derbyshire, DE73 8DH
Guide Price
£165,000
Residential Tags: N/A
Property Tags: Equestrian, Sale By Auction
Land Tags: Arable Land, Farm Business Tenancy, Overage / Clawback, Pasture Land
Summary Details
- First Marketed: Sep 2021
- Removed: Jan 2022
- Residential Tags: N/A
- Property Tags: Equestrian, Sale By Auction
- Land Tags: Arable Land, Farm Business Tenancy, Overage / Clawback, Pasture Land
Approximately 14.33 acres (5.80 hectares) in two enclosures, available as a whole, and having views towards Staunton Harold Reservoir.
Situation
The land is accessed via Bog Lane which leads off The Common and is about three quarters of a mile from the south western edge of the highly regarded market town of Melbourne. There is also a right of way to access the land from the west off the driveway of the Derby Hills House development.
Description
The property is comprised of arable land extending to about 14.33 acres. The land is bounded and divided by hedging. A Farm Business Tenancy over the land is being surrendered at the end of September 2021.
Method of sale
The property is to be sold by online auction to conclude at 12 noon on Tuesday 26th October 2021. Interested buyers will need to register in advance before accessing the legal pack, and complete an ID verification before being able to place a bid. Buyers should allow sufficient time to complete this process before the time period expires. Full details can be found on Fisher German’s online auction page currentauctions.
Conditions of sale
The property will, unless previously withdrawn, be sold subject to common auction conditions and special conditions of each sale may be found in the legal documents section of the Fisher German online auction page. Each purchaser shall be deemed to have notice of each condition and all the terms thereof and to bid on those terms whether they shall have inspected the said conditions or not.
Fees
The purchase of this property is subject to an administration fee of £2,400 including VAT as stated on the auction listing.
Planning
The vendors have not raised enquiries with the local planning authority regarding potential development of the land. The land sits in open countryside. For any queries regarding planning, please contact the local planning authority directly.
Overage clause
The land is sold subject to an overage clause whereby 25% of any uplift in value upon implementation of sale following the grant of planning permission and successive grants of planning permission for uses other than agriculture and equestrian use, will be payable to the vendor. The clause is to run for a period of 50 years.
Restrictive covenants
The land is subject to restrictive covenants as follows:
• Not to use for any purpose which may become a nuisance to an adjoining property.
• Only use the land for agricultural /horticultural/forestry/grazing.
• Not to erect any building on the land, unless for agricultural/horticultural purpose or as stables.
Further details available on request.
Basic Payments Scheme
The land is registered on the Rural Land Register and is eligible to receive entitlement payments from the Basic Payment Scheme. The payment from the current scheme year will be retained by the current tenant who owns the entitlements. These entitlements are not included within the sale and will not be made available separately.
Cross compliance
The purchasers will be responsible for cross compliance following completion for the remainder of the scheme year. The purchasers will indemnify the outgoing tenant against any non-compliance which results in any penalty or reduction.
Marketed by: Fisher German, Ashby de la Zouch
Situation
The land is accessed via Bog Lane which leads off The Common and is about three quarters of a mile from the south western edge of the highly regarded market town of Melbourne. There is also a right of way to access the land from the west off the driveway of the Derby Hills House development.
Description
The property is comprised of arable land extending to about 14.33 acres. The land is bounded and divided by hedging. A Farm Business Tenancy over the land is being surrendered at the end of September 2021.
Method of sale
The property is to be sold by online auction to conclude at 12 noon on Tuesday 26th October 2021. Interested buyers will need to register in advance before accessing the legal pack, and complete an ID verification before being able to place a bid. Buyers should allow sufficient time to complete this process before the time period expires. Full details can be found on Fisher German’s online auction page currentauctions.
Conditions of sale
The property will, unless previously withdrawn, be sold subject to common auction conditions and special conditions of each sale may be found in the legal documents section of the Fisher German online auction page. Each purchaser shall be deemed to have notice of each condition and all the terms thereof and to bid on those terms whether they shall have inspected the said conditions or not.
Fees
The purchase of this property is subject to an administration fee of £2,400 including VAT as stated on the auction listing.
Planning
The vendors have not raised enquiries with the local planning authority regarding potential development of the land. The land sits in open countryside. For any queries regarding planning, please contact the local planning authority directly.
Overage clause
The land is sold subject to an overage clause whereby 25% of any uplift in value upon implementation of sale following the grant of planning permission and successive grants of planning permission for uses other than agriculture and equestrian use, will be payable to the vendor. The clause is to run for a period of 50 years.
Restrictive covenants
The land is subject to restrictive covenants as follows:
• Not to use for any purpose which may become a nuisance to an adjoining property.
• Only use the land for agricultural /horticultural/forestry/grazing.
• Not to erect any building on the land, unless for agricultural/horticultural purpose or as stables.
Further details available on request.
Basic Payments Scheme
The land is registered on the Rural Land Register and is eligible to receive entitlement payments from the Basic Payment Scheme. The payment from the current scheme year will be retained by the current tenant who owns the entitlements. These entitlements are not included within the sale and will not be made available separately.
Cross compliance
The purchasers will be responsible for cross compliance following completion for the remainder of the scheme year. The purchasers will indemnify the outgoing tenant against any non-compliance which results in any penalty or reduction.
Marketed by: Fisher German, Ashby de la Zouch
Land Registry Data
- No historical data found.