Land at New Works Lane - Lot 1

Lot 1 - Approximately 52.80 acres of predominantly grassland.

Description

Lot 1
About 52.80 acres of predominantly grassland, but which includes about 2.44 of wooded areas. There is excellent access off New Works Lane which leads to concrete and hardcore yard areas.

The purchaser of Lot 1 will be responsible for maintaining the boundary structure between points A and B in a stock proof condition.

There may be planning potential for equestrian or agricultural development subject to planning permission. All planning enquiries should be directed to the local planning authority, Telford and Wrekin Council.

Coal Mining & Aftercare
The majority of the land was previously opencast mined for coal and has now been restored to agricultural use. We understand that restoration of the land was signed off by the Mineral Planning Authority on 28 April 2015. The land was then subject to a 5-year statutory Aftercare Management period which ran from 21 April 2015 to 21 April 2020. Following the Aftercare Management period the land is to be managed in line with the Habitat Management Plan for a further period of 10 years; to 21 April 2030. A copy of both the approved Aftercare Management Plan (Restoration and Aftercare Strategy), the approved Habitat Management Plan and the unilateral obligation are available from Fisher German. All obligations under the Aftercare Management Plan, Habitat Management Plan and unilateral obligation will be passed to the purchasers. We are aware that a portion of Lot 1 has previously been landfilled and understand that this activity ceased in the 1980s. Further details supplied by the Environment Agency are available from Fisher German - see the data room access information below.

Planning
For any enquiries regarding planning please consult the local planning authority directly.

Telford and Wrekin Council.

Overage
The property is sold subject to a pre-existing overage clause whereby 50% of any uplift in value on implementation or sale following the issue of planning permission for use other than agriculture or equestrian will be payable to the Vendor. We understand that the clause runs until 2044. The clause benefits Harworth Estates Mines Property Limited.

Cross Rights
If sold in lots, cross rights and reservations will be required.

VAT
The land is elected for VAT which will be payable in addition to the purchase price.

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 vendor. These entitlements are not included within the sale but may be available separately.

Cross Compliance
The purchasers will indemnify the vendor against any non-compliance which results in any penalty or reduction to the vendor.

Environmental Schemes
The land is not subject to any agri-environmental stewardship schemes.

Sporting Rights & Mineral Rights
Where owned the sporting and mineral rights on the land are included in the sale.

Method of Sale
The property is offered for sale by informal tender. Offers, proof of funds and supporting information are to be submitted to Fisher German LLP by 12 noon on Thursday 23rd June 2022. The property is available as a whole or in three lots.

Data Room
Please contact Fisher German for access to the data room.

Public Rights of Way, Wayleaves and Easements
The property is crossed by a number of public rights of way, including footpaths, bridleways and restricted byways. The property is sold subject to all rights of way, wayleaves and easements whether or not they are defined in this brochure.

Marketed by: Fisher German, Ashby de la Zouch