House For Sale £195,000
INVESTMENT PROPERTY - SALE SUBJECT TO A STATUTORY PERIODIC TENANCY AGREEMENT
A detached two bedroom bungalow with associated outbuildings within 2.30 acres.
INVESTMENT PROPERTY - SALE SUBJECT TO A STATUTORY PERIODIC TENANCY AGREEMENT
Description
The Oaks comprises a two bedroom bungalow extending to approximately 888 sq ft with associated outbuildings to include stores, redundant garage and kennels, gardens and woodland extending to c. 2.30 acres in all.
Access
Access is provided over the route coloured brown and blue on the attached plan.
Fixtures and Fittings
All fixtures, fittings and furniture such as curtains, light fittings, garden ornaments and statuary are excluded from the sale. Some may be available by separate negotiation.
Services
The Property benefits from mains electricity and water. Foul drainage is to a mains system.
None of the services, appliances, heating installations, broadband, plumbing or electrical systems have been tested by the selling agents.
Tenure
INVESTMENT PROPERTY - SALE SUBJECT TO A STATUTORY PERIODIC TENANCY AGREEMENT Buyers should seek their own independent legal advice regarding the Tenancy. Further details available from Fisher German upon request.
Title & Restrictive Covenants
The Property is held by the Vendor, Freehold and is registered under Land Registry Title(s) SL106111 and SL241447.
Deed of Grant dated 10th September 2008 – the Property has the benefit of the rights granted by a Deed of Grant.
Carbon/Biodiversity Offsetting
The Property is sold with a restrictive covenant preventing the use of the Property for carbon/biodiversity offsetting without prior approval of the Vendor.
Sporting Rights & Mineral Rights
All rights and interest of the Vendor in the sporting rights and standing timber are included in the sale. The mineral rights are excluded from the sale and are to be reserved by the Vendor. The Vendor will not however be granted a right to work the minerals.
VAT
The Vendor has not opted to tax under Value Added Tax. Should any sale or any part of the Property or any right attached to it become a chargeable supply for the purposes of VAT such tax will be payable by the Purchaser(s) in addition to the contract price.
Local Authority
Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury, Shropshire, SY2 6ND.
Council Tax Band: D
Telephone:[use Contact Agent Button]
Overage Clause
The Property will be sold subject to an overage clause whereby 50% of any increase in value of the Property from grant of any planning permission for Residential or Commercial development within 25 years from the date of completion would be payable to the Vendor. This would include any development under ‘Permitted Development Rights’.
Disposal Restriction
‘The sale will be subject to a 12-month disposal restriction whereby the purchaser covenants with the Vendor not to make any Disposal save for Permitted Disposals at any time during the Restricted Period without first procuring that the person to whom the Disposal is being made has executed a Deed of Covenant. Restricted Period: means the period of 1 year starting on the date of this transfer and ending at midnight on the day immediately preceding the first anniversary of the date of this transfer.’
Environmental Condition
The Purchaser will be liable for the Environmental Condition of the Property - the ‘state and condition of the soil other strata, surface or sub-surface water, groundwater, all surface and sub-surface structures (including but not limited to) mines, drains, and sewers, adits, tips, lagoons, spoil heaps, waste disposal sites whether closed or operational, made ground and all contaminative or polluting substances and be liable for an remediation (as defined in Section 78A (7) of the Environmental Protection Act 1990).
Method of Sale
The Property is to be sold by Private Treaty.
A detached two bedroom bungalow with associated outbuildings within 2.30 acres.
INVESTMENT PROPERTY - SALE SUBJECT TO A STATUTORY PERIODIC TENANCY AGREEMENT
Description
The Oaks comprises a two bedroom bungalow extending to approximately 888 sq ft with associated outbuildings to include stores, redundant garage and kennels, gardens and woodland extending to c. 2.30 acres in all.
Access
Access is provided over the route coloured brown and blue on the attached plan.
Fixtures and Fittings
All fixtures, fittings and furniture such as curtains, light fittings, garden ornaments and statuary are excluded from the sale. Some may be available by separate negotiation.
Services
The Property benefits from mains electricity and water. Foul drainage is to a mains system.
None of the services, appliances, heating installations, broadband, plumbing or electrical systems have been tested by the selling agents.
Tenure
INVESTMENT PROPERTY - SALE SUBJECT TO A STATUTORY PERIODIC TENANCY AGREEMENT Buyers should seek their own independent legal advice regarding the Tenancy. Further details available from Fisher German upon request.
Title & Restrictive Covenants
The Property is held by the Vendor, Freehold and is registered under Land Registry Title(s) SL106111 and SL241447.
Deed of Grant dated 10th September 2008 – the Property has the benefit of the rights granted by a Deed of Grant.
Carbon/Biodiversity Offsetting
The Property is sold with a restrictive covenant preventing the use of the Property for carbon/biodiversity offsetting without prior approval of the Vendor.
Sporting Rights & Mineral Rights
All rights and interest of the Vendor in the sporting rights and standing timber are included in the sale. The mineral rights are excluded from the sale and are to be reserved by the Vendor. The Vendor will not however be granted a right to work the minerals.
VAT
The Vendor has not opted to tax under Value Added Tax. Should any sale or any part of the Property or any right attached to it become a chargeable supply for the purposes of VAT such tax will be payable by the Purchaser(s) in addition to the contract price.
Local Authority
Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury, Shropshire, SY2 6ND.
Council Tax Band: D
Telephone:[use Contact Agent Button]
Overage Clause
The Property will be sold subject to an overage clause whereby 50% of any increase in value of the Property from grant of any planning permission for Residential or Commercial development within 25 years from the date of completion would be payable to the Vendor. This would include any development under ‘Permitted Development Rights’.
Disposal Restriction
‘The sale will be subject to a 12-month disposal restriction whereby the purchaser covenants with the Vendor not to make any Disposal save for Permitted Disposals at any time during the Restricted Period without first procuring that the person to whom the Disposal is being made has executed a Deed of Covenant. Restricted Period: means the period of 1 year starting on the date of this transfer and ending at midnight on the day immediately preceding the first anniversary of the date of this transfer.’
Environmental Condition
The Purchaser will be liable for the Environmental Condition of the Property - the ‘state and condition of the soil other strata, surface or sub-surface water, groundwater, all surface and sub-surface structures (including but not limited to) mines, drains, and sewers, adits, tips, lagoons, spoil heaps, waste disposal sites whether closed or operational, made ground and all contaminative or polluting substances and be liable for an remediation (as defined in Section 78A (7) of the Environmental Protection Act 1990).
Method of Sale
The Property is to be sold by Private Treaty.
