Land For Sale £20,000
For sale by online auction
About 2.08 acres of predominantly grassland with road frontage to Jeffcoats Lane and Church Hill.<br/></br>
<b>Situation</b>
The land is situated on the outskirts of the village of Swannington and is well placed for access to the major road networks such as the A/M42 and M1 motorways. A railway station is easily accessible at Loughborough. Derby, Leicester and Loughborough are all within striking distance.
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<b>Description</b>
The property provides an opportunity to purchase grassland with an area of trees, being approximately 2.08 acres in all. The land is subject to a National Forest Scheme and the purchasers will be required to take on any ongoing obligations of the scheme.
The land is accessed via a gateway leading off Jeffcoats Lane but has road frontage to Church Hill as well.
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<b>Boundaries</b>
There is a small discrepancy with the positioning of the boundaries shown on the Land Registry’s Title Plan, compared with the physical boundaries. This is illustrated on the Overlay Plan that is included in the Legal Pack. The red edging on this plan denotes the Land Registry title plan boundaries, while the blue edging marks the location of the physical boundaries. The physical boundaries have been in their current position for at least 27 years without dispute. The adjoining land is registered to the Coal Authority and no contact has been made to address this.
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<b>Overage clause</b>
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.
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<b>Method of sale</b>
The property is to be sold by online auction to conclude at 12 noon on Tuesday 9th August 2022. Further information regarding the sale can be found on the auction site at: As set out on this site an administration fee and buyer’s premium are payable in addition to the purchase price.
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<b>Planning</b>
For any enquiries regarding planning, please consult the local planning authority directly – North West Leicestershire District Council.
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The vendor has not sought planning permission for any form of development.
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<b>Fees</b>
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 (in addition to the purchase price) to cover transfer of any obligations under the National Forest Scheme.
</br>
<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.
About 2.08 acres of predominantly grassland with road frontage to Jeffcoats Lane and Church Hill.<br/></br>
<b>Situation</b>
The land is situated on the outskirts of the village of Swannington and is well placed for access to the major road networks such as the A/M42 and M1 motorways. A railway station is easily accessible at Loughborough. Derby, Leicester and Loughborough are all within striking distance.
</br>
<b>Description</b>
The property provides an opportunity to purchase grassland with an area of trees, being approximately 2.08 acres in all. The land is subject to a National Forest Scheme and the purchasers will be required to take on any ongoing obligations of the scheme.
The land is accessed via a gateway leading off Jeffcoats Lane but has road frontage to Church Hill as well.
</br>
<b>Boundaries</b>
There is a small discrepancy with the positioning of the boundaries shown on the Land Registry’s Title Plan, compared with the physical boundaries. This is illustrated on the Overlay Plan that is included in the Legal Pack. The red edging on this plan denotes the Land Registry title plan boundaries, while the blue edging marks the location of the physical boundaries. The physical boundaries have been in their current position for at least 27 years without dispute. The adjoining land is registered to the Coal Authority and no contact has been made to address this.
</br>
<b>Overage clause</b>
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.
</br>
<b>Method of sale</b>
The property is to be sold by online auction to conclude at 12 noon on Tuesday 9th August 2022. Further information regarding the sale can be found on the auction site at: As set out on this site an administration fee and buyer’s premium are payable in addition to the purchase price.
</br>
<b>Planning</b>
For any enquiries regarding planning, please consult the local planning authority directly – North West Leicestershire District Council.
</br>
The vendor has not sought planning permission for any form of development.
</br>
<b>Fees</b>
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 (in addition to the purchase price) to cover transfer of any obligations under the National Forest Scheme.
</br>
<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.
