Land at Castle Road - Lot 1

36.31 acres of old established pastureland to be offered in two lots (Lot 1: 1.76 acres and Lot 2: 34.55 acres) for sale by public auction, subject to prior sale, reserve and conditions, at 6:30pm on Tuesday 20th September 2022, at The View, Hill Farm Marina, Stratford Road, Wootton Wawen, Warwickshire, B95 6DE.

Introduction - This extremely well located parcel of old established permanent pasture has long road frontage to Castle Road on the outskirts of Studley.

The land will be offered in two lots, viz Lot 1 – 1.76 acres (0.71 ha) with road frontage and gated access off Castle Road, this roughly triangular parcel of pastureland is gently ‘landed’, bounded to the northwest and southeast by well established and well kept hawthorn hedging. This parcel of land would make an ideal horse/pony paddock or (STPP if required) could be used for other recreational, or similar uses.

The larger parcel, Lot 2, extends to some 34.55 acres (13.98 ha) and again has long road frontage to Castle Road, with a separate gate thereof, again slightly ‘landed’ and bounded by well kept, mature hawthorn hedging, with a number of hedgerow and field trees. In the northeast corner there is the remains of an old gravel/marl pit which could be further developed for either wildlife or recreational use. The land would be ideal for livestock grazing or other use (STPP if required).

Larger parcels of grazing land such as this rarely come on to the market in this area and prospective purchasers are encouraged to make an early inspection.

Both the above lots are situated to the north of Castle Road, located to the east of the village of Studley (1/4 mile) and lie some 14 miles south of Birmingham city centre, 2 miles east of Redditch and equidistant (some 3 miles from both Henley-in-Arden and Alcester.

There is easy access onto the A435 both north and south.

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, although it is understood that both mains water and electricity are available in the locality.

Authorities - Warwickshire County Council –
Stratford-on-Avon District Council –
Severn Trent Water –
Western Power Distribution –

Tenure And Possession - The land is freehold and vacant possession will be given upon completion, scheduled for 28 days after the auction, ie Tuesday 18th October 2022 (or earlier by mutual agreement). On the fall of the hammer the successful purchaser(s) 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, for each lot, wheather sold in the room, on the night, prior or post auction.

Basic Payment Scheme (Bps) - We understand that the land is registered with the Rural Payments Agency (RPA) for Basic Payment Scheme (BPS) purposes. If notified in writing by the 1st January 2023 and supplied with an SBI number and trading name, the vendors will use their best endeavours to transfer the entitlements pro rata to the purchaser of each lot. Those interested in the BPS Scheme should make their own enquiries with the Rural Payments Agency (RPA) (

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 following prior appointment with the Auctioneers, Earles, on , or in possession of a copy of these sale particulars, during daylight hours only, at their own risk. All gates must be left as found, no litter left and no dogs whatsoever are allowed on the land as livestock may well be grazing upon it.

Vendor's Solicitors - A full auction pack is available from the vendor’s solicitors.
Lodders Solicitors
Glensanda House
1 Montpellier Parade
Cheltenham
Gloucestershire
GL50 1UA

Acting: Nicola Beach
Email: Nicola.
Telephone:

Directions - From Birmingham and the north, take the A435 dual carriageway south from Junction 3 of the M42. Continue through Mappleborough Green and into Studley and, after the roundabout by the Barley Mow Public House, take the next left into Bell Lane, turning left into Castle Road, pass over the River Arrow and Lot 1 will be found on the left hand side just before the road bends to the right. Lot 2 will be found after this bend, also on the left hand side, as indicated by the ‘Earles’ auction boards.

From the A46 Stratford-upon-Avon, Evesham and the south, at the Arrow Roundabout (on the outskirts of Alcester) take the A435 Alcester By-Pass onto Birmingham Road, pass through the village of Coughton and into Studley, turning right into Castle Road next to the Methodist church and proceed as above.
Approximate Post Code – B80 7AA

What3words:
Lot 1 - flap.snaps.radio
Lot 2 - paused.meal.saints

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).



Marketed by: Earles, Henley In Arden