Land for sale

Swannington, Coalville, Leicestershire, LE67 8QL

Guide Price

£21,000

  • Status: FOR SALE SOLD UNDER OFFER
  • First Marketed: Nov 2021
  • Removed: Date Not Available
  • 2.12 acres

Residential Tags: N/A

Property Tags: Equestrian, Sale By Auction

Land Tags: Overage / Clawback, Pasture Land

Summary Details

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  • First Marketed: Nov 2021
  • Removed: Date Not Available
  • Residential Tags: N/A
  • Property Tags: Equestrian, Sale By Auction
  • Land Tags: Overage / Clawback, Pasture Land
  • 89, , MAIN STREET, SWANNINGTON, COALVILLE, LEICESTERSHIRE, 286000, 03/02/2022
FOR SALE BY ONLINE AUCTION
About 2.12 acres of predominantly grassland.

Situation
The land is situated on the edge of the village of Swannington and is well placed for accessing major road networks such as the M1, the A42 and the M42. A railway station is easily accessible at Loughborough train station. Derby, Leicester and Loughborough are all within striking distance.

Description
The property provides an opportunity to purchase approximately 2.12 acres of predominantly grassland. The land has been the subject of two ten year Changing Landscape schemes, commencing 3 September 2009 and 6 July 2010. Please refer to documents within the legal pack for details of any ongoing obligations.
The land is accessed through a gateway off Jeffcoats Lane. There is water to the field by way of a stream running along the eastern edge of the land.

Overage Clause
The property is to be sold subject to an overage clause whereby 25% of any uplift in value upon grant of any permissions for uses other than agricultural and equestrian (but including dwellings subject to occupancy conditions) will be payable to the vendors or their successors. The clause is to run for a period of 40 years.

Sporting Rights and Mineral Rights
There are no sporting included and the mineral rights are excluded.

Method of sale
The property is to be sold by online auction to conclude at 12 noon on Tuesday 30th November 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
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The property will, unless previously withdrawn, be sold subject to common auction conditions and special conditions of each sale may be found in the legal documents section of the Fisher German online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 admin fee as stated on the auction listing. The buyer will also be required to reimburse fees of £379.20 to cover transfer of any obligations under the National Forest Scheme.

Rights of way, wayleaves and easements
There is a public footpath running a short distance across the land from Jeffcoats Lane, as shown on the site plan.

Marketed by: Fisher German, Ashby De La Zouch

Land Registry Data

  • 89, , MAIN STREET, SWANNINGTON, COALVILLE, LEICESTERSHIRE, 286000, 03/02/2022
Layer Details