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Land For Sale £110,000
Mollington Lane, Warmington, Banbury OX17


Description
4.08 acres of amenity land with two barns on
the edge of the village.
** For sale by Online Auction ending 12 noon 16th december 2021 **<br/></br>
<b>Situation</b>
Warmington is an attractive Conservation village situated between Banbury, Stratford-upon-Avon and Warwick. It is a quintessential English village, with mainly stone and thatch cottages, a duck pond, traditional pub and Norman church. It sits within the Cotswolds Area of Outstanding Natural Beauty in the lee of historic Edge Hill. Nearby Banbury gives easy access to the M40 (J11) motorway.
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<b>Description</b>
This appealing block of land is ideally located on the edge of the village with direct access onto Mollington Lane. Bounded by mature hedgerows interspersed with specimen trees, the main field is gently sloping ridge and furrow laid to permanent pasture. A grass track leads up the edge of the field to the second smaller dog leg paddock which has rougher grass. In the far corner are two barns: The first is of breeze block construction with doors at either end and windows along two sides. It is in a poor state of repair. Adjacent to it is a pole barn open on two sides which is in a similarly poor condition. Buyers must satisfy themselves about the planning position for any alternative use.
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Due to its location on the edge of the village, the land and barns could suit equestrian or recreational use subject to the normal consents.
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<b>Important notices</b>
This property is available for sale by online auction. Interested buyers will need to register in advance 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
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<b>Legal Pack</b>
A legal pack will be available on Fisher German’s online auction page and interested parties will need to register before accessing the legal documents.
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<b>Conditions of sale</b>
The property will, unless previously withdrawn, be sold subject to common auction conditions and special conditions of each sale may be found in the legal documents section of the Fisher German online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.
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<b>Fees </b>
The purchase of this property is subject to an Admin fee of £2,400 including VAT plus a Buyer’s Premium of £2,400 including Vat as stated on the auction listing. The buyer will also be required to reimburse the search fees of £275.52 plus VAT.
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<b>Services</b>
There are no services connected to the site. We are advised that there is a spring at the top of the main field.
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<b>Overage</b>
The land is sold subject to an overage clause of 30% over 30 years, triggered by implementing any planning consent for residential or commercial development. Please see the Legal Pack for further details.

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